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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

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

Bullboard Posts
Comment by cacencigon May 12, 2009 6:36pm
650 Views
Post# 15987959

RE: Maybe GMP shorting this

RE: Maybe GMP shorting this

If GMP was shorting it's own shares of Lundin Mining, they would be losing money, right? They are definitely not shorting their own stock.
There's alot of bewilderment right now concerning the implications of GMP's acquisition of HudBay's shares, and until that becomes clear, volaitility will persist.

HudBay getting out was inevitable. After all, the former CEO and board of HudBay were thrown out for pursuing the potential acquisition of Lundin Mining.
It just makes sense that the new board, put up in power by dissenting shareholders, would dissasociate itself completely with Lundin and sell its stake as the final "coup-de-grace". I'm glad to have such a large, unsupportive shareholder out of the picture.

Bullboard Posts