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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 Jan 18, 2012 1:36pm
323 Views
Post# 19417796

RE: RE: Lundin Mining Q4 copper output rises 10%

RE: RE: Lundin Mining Q4 copper output rises 10%

Well last year many companies were vying for LUN. I cannot see why not once again LUN comes into play maybe this time Chinese will throw in their hat. I think we have to wait and see if their earnings improve first. Neves should be improving and the copper prices are improving once again in price. If the Eurozoone can just manage to resolve something I can see copper prices jump back to where they were before all this mess of the Eurozone. China most likely will stimulate their economy wouldn't doubt they annnounce something while they are on holidays for Chinese New Year since it is the start of the Dragon year and this year to the Chinese is of great importance. LUN has been on a decent run so far and hoping it does go back to 7 dollars just before their earnings are released. LUN still has not stated who they thought they were going to JV with. I think right now companies are just waiting for the Eurozone to decide something before they start to roll again for M/A the mining conferences are around the corners also which always brings out some M/A plays with the mining industry. I do not think LUN will accept 7 dollars since they were bidded up to over 9.00 last year on M/A. Right now everyone is just speculating but the LUN insiders must know something to buy it in the 7 dollar range they are sitting at a loss right now but it doesn't seem to bother them. JMHO

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