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Bullboard - Stock Discussion Forum 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)... see more

TSX:LUG - Post Discussion

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Post by itsjustme1 on Aug 11, 2021 3:23am

WTF

This mine is one of the highest grade gold mines mining. It is making obscene $$ with "Huge free exploration upside".  LUG where the hell is the promotion?  Buy Buy Buy.
Lundin gold is slipping through the cracks.
Comment by RatPatrol on Aug 12, 2021 2:04pm
3 reasons come to mind, itsjustme1. 1) Once the mine is paid off, I understand that Ecuador's share of revenues rises. Perhaps dramatically. Caveat emptor. Angelique1 or another paid pumper will correct me on this. There are 2 other reasons why this stock price may be challenged. But let's hear from the pumpers first.
Comment by Retiredgeo on Aug 13, 2021 5:32pm
The Lundin Group is a huge, self financing conglomerate.  They don't need promotion and LUG doesn't engage in it.  This stock is not for speculators. What I want to know is "whare are their exploration results?"  "Did they miss?"
Comment by ThatsMyMoney on Aug 15, 2021 4:28pm
The results will be good.  But maybe now is not the best time to boast about new discoveries lest they get the attention of the socialists that would come to steal our asstes.  The political situation is improveing but there are still risks. Also I would not expect results until the end of the season in October, when the rains come.
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