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AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

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Message: Industry Rumors - Potential Buy Out

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petrescu

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Re: Industry Rumors - Potential Buy Out

in response to Industry Rumors - Potential Buy Out by Phosphate King

posted on Feb 07, 10 03:34PM

Forgot one thing....

Do we really want Legend to be bought out? The last phosphate company that was bought got a price that was 25%-30% above market valuation. Then the potential is dilluted in some other larger company that isn't public probably. 25% is a great return for one, heck even two years for any stock. But I see much bigger potential (and more 0's!!) if they stay on their own, with strategit partnerships of course. Legend doesn't need money, just to get things done.

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