re: caution is the watchword !! I've posted on this stock before, as a holder with a few concerns.
This stock is a hit and miss stock. I have 170G shares...which is a TINy portion of my portfolio.
If it comes off, it will pay do well, if it doesn't I will lose a small amount.
I hope other holders are not betting too much on it, as there are better quality resource stocks out there that may not come off as big, but will do well...
Points made about the philipines being risky and financing is not complete until its complete, are all good points.
I am sorely tempted to offload and buy more IGO though which I see as a 50c+ stock by the time the next financial report is due (next half year). Can't see much stopping it barring a 'Gympie' like stuff up or huge drop in nickel price.
Cdchi1
LAF
lafayette mining limited
