Lundin Mining Corp T.LUN

Alternate Symbol(s): LUNMF

Metals & Mining Copper

Lundin Mining Corporation is a diversified Canadian base metals mining company. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, producing copper, zinc, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Josemaria Project, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that 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 located in the Upper Peninsula of Michigan, United States, in Michigamme Township of Marquette County. Josemaria is a large-scale copper-gold-silver project. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Zinkgruvan mines underground from several orebodies.

TSX:LUN - Post by User

Lundin Mining Corp

Bullboard Posts

Comment by paljoeyon Nov 26, 2008 1:22pm

650 Views

Post# 15611859

RE: Buy LUN or buy HBM?

The hard book value of LUN, exclusive of good will and mineral reserves , is $2.85 billion or about $7.25/share.
Right now, LUN has a net debt less than $150 million and is at no risk of bankruptcy.

With HBM trading at $3.60 , LUN should be trading at $1.40, so buying now is very cheap way to play HBM.

Bullboard Posts

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