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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. The Company’s properties in Southeast Ecuador consists of over 28 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,454 hectares. From this, Fruta del Norte is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.


TSX:LUG - Post by User

Post by Pete1986on Dec 15, 2022 2:23pm
178 Views
Post# 35173877

Now we know what happened...

Now we know what happened...Huge insider sell, Carmen sold 10 mio shares in the public market. I just wonder who it was possible to sell such a big position even though "official" valume was only about 1 million shares. 

Moreover the question is, why is Carmen selling. Does she see no further value? And who bought all those shares. It seems like the Lundins bought 900k shares, but who bought the rest of it? 

After Newcrest sold, Carmen is the second bigger insider who sold. 
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