re: re:b2 -now charting polymetallic miners People talk about what the shares are worth and what they are not worth and whether mining will actually take place or not, and this causes uncertainty, however as far as I am concerned I would think the company has quite a lot going for it as I understand that LSG -Lion Selection Group (which is a company I think the market thinks a lot of) has quite a large percentage of this company's shares and I believe it has recently mentioned that it together with other institution and investment funds is prepared to make further funds available to the company by way of a convertible.
I should have thought that they would have looked into the legality of the mining situation themselves and if they thought it was a dead duck I cannot see why they would have continued to invest in the company.
Therefore IMHO the company should be OK and it is merely a question either investing for the long term, if that is one's forte, if one cannot see a better investment, or just trading the shares where everything changes very quickly.
Best wishes
- Forums
- ASX - By Stock
- LAF
- powerful looking chart
LAF
lafayette mining limited
powerful looking chart, page-9
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online