re: caution is the watchword !! Hi guys,
I don't know much about this stock apart from what I read here and what a mate tells me.
I looked up that island laf has there mine on and there are a few concerns I have:
1) Environmental i.e. sensitive ecosystem
2) Muslim attacks e.g. the there was a fragmentation grenade attack on the island.
3) Finance of the project
Both can be overcome but laf is no BHP or WMC with heaps of $$ to line pockets.
I agree that the stock is cheap but is the current discount warrented?
Cheers,
Munch.
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