Hi Folks
The parallels with PNA are remarkable.
Earlier this year LAF hit 25 cents. Now Half of that.
PNA hit 34 cents and recently hovered just below the half way mark around 16.5-17 cents.
Are we going to see some sort of a bounce similar to the one PNA recently experienced I wonder?
From my perspective, where are the catalysts for a re rating?
Are there any (media/announcements etc) before the new year?
The wet season doesnt help the situation.
The 'early new year' start up? Is that early January or early as in before March?
Regardless of the reasons/causes for this its a hard pill to swallow for the believers and the people who jumped on this one early and held.
Just another reason why I think that sometimes you have just got to trade these companies and hope you finally get 'back in' when things are clearer.
Its always easier in hindsight.
The drop to 12 cents surprised me.
Anyone calling a bottom?
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lafayette mining limited
more bad news, page-7
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