Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 11:50am
86 Views
Post# 35175898

RE:RE:RE:Now we know what happened...

RE:RE:RE:Now we know what happened...
Yeah, makes sense. And you're right about the question of who is on the other side. Are they holding, or selling? I'd imagine the only reason you'd take on 10m shares is to hold them. This could turn out to be good news if it's someone notable.

I think it's safe to say that Lorito took on some of them, as they bought 900K shares just one-cent below Daniele's price.

As for the other 9.7m shares, I would think a current insider would have to report it by now (or soon) but if it's a new holder that's less than 5% outstanding so there would be no necessity to report it.
<< Previous
Bullboard Posts
Next >>