MARKET PRESSURE = BUYING OPPORTUNITIES
As predicted on the AGORACOM Blog, it appears we are now moving into capitulation phase and a great opportunity to buy good small-caps that have been thrown out with the bathwater.
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Todays issue of The Australian Business quotes Joe Gutnick as saying the following:
"Mr Gutnick, the chief executive of US-listed Legend International, yesterday revealed that George Soros' Soros Fund Management had invested $20 million in the project."
The George Soros Fund Management was one of the parties to the Bank of Montreal 100M investment.
One more credible source of due dilligence backing Legend for the long run!
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