LAF lafayette mining limited

lsg behaviour?, page-8

  1. 8,972 Posts.
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    re: tastarga hi plough,

    Hope you don't mind my POV on RER. The deposits are very small, and poddy so there is some doubt as to their development potential AT THE MOMENT. However, they are relatively untested and could get bigger. Further, the mkt cap of RER hardly justifies what they have. Last cashflow also shows over 1.5 mill in cash which is comforting.

    I haven't bought any yet, but have had the finger on the buy botton a few times. Would only be a small investment though. I will probably hold off as want to get a lot more IBR (sub 50c if possible) but may eventually get some RER.

    Cdchi1
 
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