LAF lafayette mining limited

a dog stinkin mess, page-2

  1. jembsb
    2,538 Posts.
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    04/10/07
    11:52
    Post #: 2862771
    yes it's a mess for now.

    But if it gets the go ahead, there will be NO debt or hedge obligations, and atleast they didn't have to issue 20 BILLION shares for the 300 million.

    The banks agreed to take ~50c of the $.

    If LAF can increase mine life, production rate and quality, then there would surely be a share consilidation that would turn the share price around.
    LAF Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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