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Lundin Gold Inc T.LUG

Alternate Symbol(s):  LUGDF

Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine in southeast Ecuador and a large exploration land package that hosts the Fruta del Norte deposit at its northern edge. The deposit is hosted in the La Zarza concession, located in the 38 square kilometers (km2) Suarez Pull-Apart Basin. Fruta del Norte deposit is located within a 150 kilometers (km) long copper-gold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. It is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 140 kilometers (km) east-northeast of the City of Loja. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit measuring approximately 1,670 meters along strike, and 700 meters down dip. Its mineralogy consists of chalcedonic to crystalline quartz, manganese carbonates, calcite, adularia, barite, marcasite and pyrite.


TSX:LUG - Post by User

Comment by RatPatrolon Mar 25, 2021 1:11pm
123 Views
Post# 32876169

RE:RE:RE:RE:RE:This is geting ungly...

RE:RE:RE:RE:RE:This is geting ungly...This is Not getting ugly; this stock is GETTING CHEAP!

1) Mine and mill are running at design capacity.

2) Metal prices are high.

3) I believe the company is attractive to Newcrest. See my post here of March 19th.

ONE BIG ISSUE is how this newly elected President (of Ecuador) will deal with his constituents: mining companies, workers, voters, etc. Is he going to follow the whims of Mr. Correa, a convicted felon?

April 11th, the date of Ecuador's election runoff, may tell us more.

We c.....
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