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Lumina Gold Corp V.LUM

Alternate Symbol(s):  LMGDF

Lumina Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resources in Ecuador. It is focused on Cangrejos Gold-Copper Project, which is located in the foothills of the Andes in the southwest of Ecuador and lies 30 kilometers (km) southeast of Machala, the capital of El Oro Province, and 150 km south of Guayaquil, Ecuador’s largest city. The Cangrejos Project was the discovery of gold-copper mineralization in a porphyry environment. The Company has approximately six contiguous mineral concessions located near Machala in southwest Ecuador, which covers a land area of approximately 5,682 hectares. The Company owns or controls approximately 1,730 hectares of land / surface rights, which cover various locations with respect to the known and potential targets. The Company’s subsidiary is Odin Mining del Ecuador S.A.


TSXV:LUM - Post by User

Comment by Torontoinvestoron Jul 18, 2020 12:01am
370 Views
Post# 31284293

RE:RE:RE:RE:Haywood Securities July 09/2020 LUM target $2.00

RE:RE:RE:RE:Haywood Securities July 09/2020 LUM target $2.00How many mines did the Chinese buy recently with a startup cost over a billion? I'm not saying it won't get bought out . I'm just saying it's not a easy sell . People get tired of waiting and sell . Marin said around 1.50 is what it's worth if my memory serves me right . Which isn't huge upside when it was at 90 cents . Ross also came out and said he can't guarantee they'd sell this year
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