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Lundin Gold Inc T.LUG

Alternate Symbol(s):  LUGDF

Metals & Mining Gold
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

Lundin Gold Inc > 10 CAD...
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Comment by Angelique01on Jul 14, 2021 2:16pm
133 Views
Post# 33543270

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:10 CAD...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:10 CAD...
Pete1986 wrote: And sorry, but 125% gain over 3 years is not that good. You should take into account that during that time the gold price went up from 1200 to 2000 USD. And you also took the entire construcition risk. So taking all that into account, it was not a good performance for you.

On the contrary. What planet do you live on?  125% gain over 3 years is bad?????  The stock performance of Lundin went exactly as I had hoped and reached my desired target of $12.00 last month. A 165% gain for a producer of this size is more than reasonable over a 2 and half year period.  Market cap close to 2.5 billion.  When it comes to investment performance analysis your statements are as useless and misleading as the rest of your postings.  
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