DALLAS, TEXAS : StockGuru announces that Legend International Holdings Inc. (OTCBB: LGDI) is in the StockGuru Spotlight. Legend International Holdings, Inc., an exploration stage mining company, engages in the exploration, development, and mining of base metal properties in Australia. Its landholdings for phosphate, diamonds, and base metals cover 517,000 acres in Queensland and 4.2 million acres in the Northern Territory in Australia. The company was formerly known as Sundew International, Inc. and changed its name to Legend International Holdings, Inc. in March 2003. Legend International Holdings was founded in 2001 and is headquartered in Melbourne, Australia.
On Monday, the company put out news announcing that the Mt Isa Phosphate Project has not been impacted by the floods in eastern Queensland. Current flooding in Queensland has been concentrated around the Rockhampton region which is approx. 1,300km (800 miles) from Mt Isa. QR Network has confirmed that the Mt Isa to Townsville railway line continues to operate with no interruption. There have been no reported interruptions to existing mining operations in the Mt Isa region.
Shares for Legend International Holdings Inc. (OTCBB: LGDI) were down during the late morning of trading on Monday and closed down twenty one cents at closing.
To view our StockGuru Spotlight on Legend International Holdings Inc. (OTCBB: LGDI), please visit: http://www.stockguru.com/category/latest-spotlights/
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