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Luna Gold LGCUD

Metals & Mining Gold Industrial Metals & Minerals
Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The


OTCPK:LGCUD - Post by User

Luna Gold > quiet on this board.
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Comment by Exxontankeron Mar 22, 2015 8:51am
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Post# 23548232

RE:quiet on this board.

RE:quiet on this board.
Luna has the assistance of a very favourable exchange rate. + 10 year high for the real:U$  even more so for the C$.  From R$1.70 to R$3.23. 90% improvement. Virtually all of the site costs are in R$.   Thats equivalent to a gold price of over $2000 in original project terms. Lets see how their first quarter goes.  I am no longer a holder.
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