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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 SleepingGiant64on Dec 16, 2022 10:21am
100 Views
Post# 35175588

RE:Now we know what happened...

RE:Now we know what happened...My god, that's a gigantic insider sell but I'm not exactly sure how she did it because the volume isn't shown on the TSX. On the day she sold it shows just 1m shares moved total. Even a block trade should show up. It's listed at $12.26 and we still haven't gotten that low so I guess she unloaded it off market somehow.
It also says it was in the CD Capital Natural Resources Fund II, which is her fund, which has been running since 2013 but this would have been a significant part of the whole fund and I wonder if she is shutting down.
Gotta imagine she will be resigning from the board.
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