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Lumina Copper Corp LCPRF



GREY:LCPRF - Post by User

Comment by MidasTouchezon Jun 06, 2012 10:18pm
295 Views
Post# 19987832

RE: RE: RE: Lumina Discovers Two New Copper Zones

RE: RE: RE: Lumina Discovers Two New Copper Zones

From the research that I have done at least some of the claims they bought were minority stakes from existing claim holders. There are other reasons why acquisition of land is necessary and it is not always necessarily related to expanding the mineral resource. However, any expansion towards the east or north-east is likely to be for expanding the mineral resource. The gradients to the north-west suggests that there may be other motivations. Expanding to the south is pointless. That only leaves west. Need to do some research on west.

I think that Dave made a good point about the situation in Argentina. The government is making investors nervous. But I don't feel too worried about investing in exploration companies in Argentina that aren't mining anything. However, I will start to get anxious if anybody mentions setting up infrastructure for a mine. I am only interested in seeing the mineral resource get bigger. I personally have no plans on investing in any mining infrastructure in Argentina. At least not with the current government.

 

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