LAF lafayette mining limited

It is time to buy this one, the chart looks ripe for a long...

  1. dct
    3,506 Posts.
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    It is time to buy this one, the chart looks ripe for a long gradual run into the high teens by the end of the year or potential to double your money in six months.
    Well managed by ex WMC execs and has the inside running for future high potential mines in the Philippines.

    There will not be much resistence until about the 14-15c mark which will probably be reached in the next 2-3 months trading pending exploration results which could well be a blue sky potential.

    ABN AMRO have just upgraded their recommendation to strong buy with a 2.9c EPS for the coming FY.
 
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Currently unlisted public company.

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