OK, I'll add my two cents here. Some food for thought:1) There...

OK, I'll add my two cents here. Some food for thought:

1) There is NO sovereign risk in my opinion. Good grief it's Papua New Guinea, and they need all the help they can get. The key will always be the native workforce and respect for its values on the Island. Labor relations this far look pretty good to me. The Government in Port Moresby I suspect doesn't give a damn other than the regular receipt of mining royalties!!

2) It's a mining operation so how could LGL possibly know all the geological anomolies at all points. This is a stock with risk. Yes, I've been disappointed with production downgrades too, but my gut feeling is that Arthur Hood and the gang are managing the asset better than Rio ever did.

3) A lot has been said about the vulnerability of the Island.To the best of my knowledge, the sea has never compromised the mining operation. There have been suggestions that the ocean could conceivably swamp low lying areas, but I haven't seen any evidence whatsoever.

4)What a difference a week makes!! Many of the regular bulls are now looking like bears after this ongoing hiccup in the market. The Word; myself, and many others will profit from your misery!!!!!!!!!!

5)And lastly, someone wrote about LGL diversifying into other countries. God, I hope not! That's precisely the reason I don't own Paladin in Namibia of all places. Then, I really couldn't sleep! Talk about sovereign risk....Africa...I don't think so. Sure OX is in Laos and doing well out of it, but personally I'd be a lot more skittish if we were mining in Lesotho or bloody Botswana!!!