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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
Post by Demon11on Nov 27, 2018 1:06pm
115 Views
Post# 29028185

Lundin - hopefully a take over target?

Lundin - hopefully a take over target?let's hope the idle $1.4 billion in cash entices a hostile take over bid  - the useless BoD will never be able to stave one off a hostile bid given their inability to add value or outline a future for this crippled junior mining play. 

Or ---- the Lunatics could do a special dividend and get rid of the useless cash which is tooo little to acquire anything decent regardless. 

In either case - great for the S/Hs  
Bullboard Posts