re: caution is the watchword !! Hi guys,I don't know much about...

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.