Lumina Copper Corp LCPRF

thoughts on buyout

[yopeace12]

In my opinion this company will be sold within 1 year.  Management has proven themselves in their ability to find extraordinary properties ( Regalito, Northern Peru, Global Copper), and find buyers for them.  Beaty and company have found more resource at Taca Taca than initially estimated and with copper prices at record levels it would be in the best interest of large producers to act quickly.  Taca Taca may in fact be the most valuable property of all the original Lumina Copper properties.  This is good news for shareholders as two of those properties were sold off for north of 400 million.  In the past (Northern Peru,Global Copper) we have seen a fairly quick run up in the share price before a take out is announced.  It would seem like anything less than 350 million would be a complete steal for Lumina and believe the price may ultimately be closer to 600 m.  Honestly, I expect a rise in the share price before the company attends a conference Toronto in early March.  Good luck to all shareholders.