Add that to the bigger picture:

Gutnick steped down but Peter Lee (LGDI CFO) took his place as director in both companies. So the link is still there.

The explanation seems to be the new company involved: Gutnick became president/CEO of Liquid Financial Engines a couple weeks ago. And Michael Craig, director of North Australian Diamonds, became director at LFE. LFE, is a mining venture in Laos. If anything they're expanding the mining family.

Anyone remember the huge volume trading in NAD a week or so ago? That seems to have something to do with it. The fact that there was upward price movement seems to mean there was buying pressure on the high volume. No way Joe could unload so much at once AND have the price increase.

I wonder how Soros and Tim Barakett, and all the other huge hedge funds are involved in all this. There's a lot of big money people at stake in Legend (and at about this price) ...Seems something might be on the horizon. To be seen what that is exactly.