GREY:LCPRF - Post by User
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suscenon Jan 02, 2013 4:06am
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Post# 20787603
Lumina copper in 2013 (J. Kwantes)
Lumina copper in 2013 (J. Kwantes) "Shares of Ross Beaty's Lumina Copper finished the year at $9.43, virtually the same level as when I wrote up LCC but down considerably from late March, when the stock hit $17. Growth in China may be slowing, but demand from the rest of the developing world is supporting copper prices, which have rebounded to pre-financial crisis levels and stayed there. I expect Lumina and its vast Taca Taca copper deposit in Argentina to be snapped up by a suitor in 2013."
(author James Kwantes of WorldofMining.com)