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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 boredhousewifeon Sep 20, 2011 4:28pm
308 Views
Post# 19063308

RE: RE: RE: RE: RE: RE: RE: Could anyone tell me,

RE: RE: RE: RE: RE: RE: RE: Could anyone tell me,Aussies and BRIC nations and Canada I do agree that they are if you look at the global nations stabilized and banking and housing employment are decent. Canada's only problem is being attached to the US. That is already changing with Canada hitching more trade with the BRIC nations. Today copper was being shorted you can see it since all other base metals were rising copper was down. Normally oil and copper track each other when it comes to recovery. Oil most likely for oil inventories stats tomorrow, US housing stats were not surprising. Looking at the market boosted for Ben Bernanke tomorrow and Eurozone speaking of making a decision for Greece, some not on boat with Greece but most likely will fall in line. As for SP downgrading Italy is a joke since they are still in the A catergory and I do not think Moody will follow SP until they see what Eurozone will do. IMF downgrading really just in wait to see if US and Eurozone get their chit together. I feel they were unfair to Canada really considering looking at the M/A activity going on in Canada the last few years and ledzep you are correct the Yukon, Labrador Trough aspects makes Canada a good place to invest in commodities and banking regulations amongst the safest and the political risk is minimal. I have no doubt in the end copper will rise and agree with ledzep this was the same as 2008 and copper shot up all the way close to 5.00 and probably will again by end of the year, if you have a long term look on LUN. I feel LUN will shoot up in a shorter time then anyone thinks. The difference this time around with 2008 from the Lehman crisis and now is the fact that banks were forced to shore up their levels, companies are still making profit even in this mess of an economy and expanding more into emerging markets and other global nations have attached each other to stronger countries to ease themselves from the US and Eurozone back slide. China can and will buy copper at these levels and store and stock pile their needs, as for their yuan it will be climbing and makes commodities even stronger to gobble even more of the world, as their surplus will continue to be high. Canada no doubt will be more on their map soon enough not just Africa and Australia. JMHO
Bullboard Posts