LEG (ASX) New Support Level?

Originally posted by zubric: ↑

TV, Don't worry mate old zubric hasn't snuffed it yet because the thought of drinking your beer maintains the spring in my step lol!
The main reason for my silence is the fact that imo most of the posts on the LEG forum have not been worthy of response . In the past most of the posts I have found to be made by intelligent thinking people some of whom appear to have some exploration knowledge but of late these same posters imo have degenerated into a whingeing moaning ill researched bunch of investors who don't understand the ups and downs of operating a junior exploration company. They remind me of a bunch of kids in a lolly shop who can see the jelly beans and know that mum will get them the jelly beans but tells them they can have them next month. WELL!! the kids want em NOW! just like the LEG shareholders.
Right now the popular thing seems to be to kick the shit out of the fox. Our good friend dmanO continually jumps up and down about lack of Riggs and crows about spending money willy nilly but can't come up imo with justification for doing so. Now TV you and I have been hanging around LEG like a bad smell for many years so probably have abetter understanding than most, but for those who are doubting the integrity of management I will repeat some of the facts I have pointed out over the years.
(1) The fox becomes Ceo of LEG a debt ridden junior I think in debt aprox $11 million
(2) Rattles the tin mug and much to my annoyance buggers off to Africa and finds a large lump of iron ore
(3) Very smartly flogs it to the Indians and comes home with a bag of money .
(4) The Indians can't pay all the money so instead of getting uptight he smartly allows the Indians to pay us interest about 4 times more than he can get in Australia
(5) He snoops around looking for prospects locally and teams up with imo one of Australia's smartest and most experienced explorers
(6) Chases the needle in the hay stack and finds it
(7) Turns this once busted arsed company into one with a 300-400 million dollar mkt cap
(8) Is on the cusp imo of producing a mineable resource
(9) BE PATIENT and you boys and girls will get your jelly beans lol!!
TV if you cashed out today I am sure you would have little trouble financing the first round of drinks at Black Toms.
The drills are still turning so all stop moaning as I am confident the goods will be produced

Expand

Zubric,

A lot of punters fail to join the dots and are patient enough to wait for PAYDIRT.
I agree the forum is basically a whinge fest of uninformed punters who want everything yesterday.

Legends strategy has worked well with creating enormous value for long term holders. The conservative approach, to fund management and strategic drill targeting long term is far better for long holders IMO. Less dilution.... and not rattling the tin so often.

the Fox and team has done a tremendous job turning the company from a 20m to a 400m company and i believe hopefully 1billion one day.

2021 might be the year IMO. I'd be loading up again @ 12c and hanging in for the ride. PATIENCE IS KEY!!!

Cheers,
TV

ps. I'll shout the bar if it gets to 50c lol.

No.	Vol.	Price($)
2	810094	1.1¢

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0.012	1386364	4
0.013	965764	5
0.014	1118157	3
0.015	2100000	2
0.016	219000	3

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(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $32.00M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$11.07K	1.006M

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