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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

Lundin Mining Corp. is a Canada-based diversified base metals mining company. The Company is engaged in metals mining with projects and operations in Argentina, Brazil, Chile, Portugal, Sweden and the United States primarily producing copper, zinc, gold and nickel. The Company’s operations include Candelaria, Caserones, Chapada, Eagle, Neves-Corvo, Josemaria and Zinkgruvan. Candelaria comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, which produce copper concentrates. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is an underground mine producing nickel and copper concentrates. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Josemaria is a large-scale copper-gold-silver project. Zinkgruvan is engaged in producing zinc, lead and copper concentrates.


TSX:LUN - Post by User

Bullboard Posts
Post by cigarettemanon Sep 05, 2008 10:44am
819 Views
Post# 15433656

south atlantic share prices

south atlantic share pricesWell, our commander and chief has finally done it. We are now approaching the values of lundin mining before it was ever lundin mining. This is when they changed the name and started their acquisitions.  Putting it into perspective, zinc was trading at 40 cents per pound, now it is 78 cents a pound, and before all the increased production from the acquisitions. Tenke will be negotiated out, no one is walking away from this project, and all the rhetoric from both sides is just posturing.  What bothers me is that 6 weeks ago lundin announced 1 drill core result which was grading 8.5 % zinc over 78 meters in a step out drill hole, where are the rest of these drill holes.  When you submit assays, who delivers just 1 drill core for assay results, lol.  This makes me question whether management of this company, really cares about its shareholders and more specifically their share price. No question the hedge funds and shorters have killed the share price, but the more important question is, what is managements perspective.  What have we heard from management about our recent downward spiral, absolutely nothing but more negative addendums to the current situation, except for the 1 drill result. Maybe it just me, but personally I have seen nothing from management to quell the problem that current shareholders are facing.  By the way, I have to say i am really perplexed by the lack of posts over the last week, considering a $1.20 cent pullback in the share price.  Good job Lukas, way to go, your the man.


Bullboard Posts