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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

Comment by Althymon Aug 06, 2014 6:43pm
451 Views
Post# 22815600

RE:Luna Gold Price Target Lowered...

RE:Luna Gold Price Target Lowered...
A 20 millions$ equity stake in the largest miner in SANDTROM portfolio is a good thing. It will get Luna into a position for long term growth and a completion of the phase 1 of expansion. Luna also has a lot of land to grow and explore. Luna can now reach its potential because there is long term $$ in it. Also, Luna is undervalued, and the equity stake will increase in value.
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