LUN down 16% yesterday on production cuts...
This just reinforces the fact that they would love to own Timok to substantially increase their reserves in the future. Here is one of several releases yesterday: "BUZZ-Lundin bridge is falling down? Miner's outlook disappoints 8:52 AM ET 11/30/17 | Reuters -- Symbol Last % Chg LUN 7.52* 0.00% *Market Closed BUZZ-Lundin bridge is falling down? Miner's outlook disappoints ** Canadian miner Lundin gives a disappointing operating outlook, sparking a host of broker rating cuts ** BMO cuts to 'market perform' from 'outperform', TD Securities and Canaccord Genuity to 'hold' from 'buy' ** Canaccord and BMO say Lundin's outlook is well below forecast, largely due to lowered production guidance for 2018 at its flagship Candelaria copper mine ** Lundin's 2018 output outlook for Candelaria is 20 pct lower than prior year ** TD Securities expects investors will experience "sticker shock" with respect to both higher capex and opex for the next several years relative to previous expectations ** Up to Wednesday's close, stock had risen 40 pct this year (Reporting by Anirban Paul)"