LAF lafayette mining limited

b2 to tastega, page-19

  1. 3,800 Posts.
    re: substantial shareholder - sabretooth PNA had a fish kill and lost 3 months production.
    LAF had a fish kill and lost what 4? months to date...
    Welcome to mining in SE Asia....

    In Australia a cyanide spill is a common event that stops at the mines dept. overseas it hits major headlines and has the NGOs hopping.

    killing cyanide in tailings only takes it down to levels safe for humans. marine animals have much greater sensitivity to cyanide. a fish kill simply shouldnt be allowed to happen. people wash in the rivers and eat the very fish that are killed by these accidents.

    PNA and LAF let a small mistake happen and have paid a large price.

    it is easy to say it is a minor event, but in reality the
    cost to shareholders is significant in the form of more shares issued for working capital, loss of investor confidence (and thus lower share price) and simply poor technical design that allowed these events to happen.

    LAF still has an excellent high value project, but have suffered a pretty significant flesh wound.....

    acturtle








 
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