Lumina Gold Corp V.LUM

Haywood Securities July 09/2020 LUM target $2.00

[Breakit]

Raymond James June 24/2020 target $1.60

[frances1]

$27B worth of gold in the ground and trading at $288M  Every $100 increase in the price of gold is $1.7B in the ground how does this get valued in the market? 

[Torontoinvestor]

Mine is still a hard sell . You need over a billion to start it up. Probably won't get sold this year and they're gonna have to just keep developing it and raising money.

[riskmanager]

from a guys that call 60 cents again... keep dreaming to get in at that price. Dont bet against Ross and his team. Easy double here. Chinese are buying every thing. Ross said this year, and it will happens this year. If you are not a shareholder just move somewhere else, your post has no substamce whatsoever. GLTA RM

[V1crorygold]

To be clear Ross said he wouldn’t sell it cheap. If he doesn’t get a good price they will sit on it and wait. But I to am long and not betting against Rossco

[Torontoinvestor]

How 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