Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Luna Gold LGCUD

Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The


OTCPK:LGCUD - Post by User

Bullboard Posts
Comment by KevinF2848on Sep 21, 2012 10:33pm
199 Views
Post# 20398677

RE: RE: RE: RE: Small potatoes, but

RE: RE: RE: RE: Small potatoes, but

Mork,

 

Thank you for your time, this is a very good analysis.  I am a new shareholder and I am trying to get up to speed.  Here is my take on your thoughts.    As far as I can see, I think this is kind of what I was thinking, and why I bought, except that I do not expect them to have 500,000 oz production.  If they ever got to that level, they would have to have a lot more money or a lot more time to build up enough cash to do it organicly.  I don't see this happening because I expect  them to be bought out way before then.  There just are not that many large gold fields in the world and certainly not that many that have the upside exploration potential.  A major will 'find" then sooner or later.  I am hoping that they can get to the 250,000-300,000 level of production before they end up getting bought out.  By that time, they should have a lot of exploration done in the greenfields and Aurizona.

Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse