George Soros Dumps Stake in Phosphate Miner Legend International

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HFA Staff
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Soros Fund Management LLC along with George Soros and Robert Soros have closed out their investment in Legend International Holdings, Inc. (PINK:LGDI). Soros acquired a stake of 5.19% in Legend International Holdings, Inc. (PINK:LGDI), in October 2008. This was quickly doubled to 10.18% (23031180 shares). According to the  company website, Legend International Holdings, Inc. (PINK:LGDI), is a listed public company with investments in the phosphate fertiliser, diamond and gold industries. Legend’s current phosphate interests are through its 100% owned subsidiary Paradise Phosphate Limited which is a phosphate development company with projects in North West Queensland, Australia; its diamond interests are through a…

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