Been in and out of LAF a few times over the years. Frankly, the debt picture is so bad I wouldn't put more than beer money into it. I'd think very long and hard before putting 100k into this one. This is the Philippines...beautiful country...but natural disasters, coups, totally endemic corruption, inept government at virtually every level, the list goes on. This before taking LAF's debt and operational issues into consideration. Worth a small punt maybe...but there are way too many better stocks to sink serious money into...
LAF
lafayette mining limited
