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

Lundin Gold Inc T.LUG

Alternate Symbol(s):  LUGDF

Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine in southeast Ecuador and a large exploration land package that hosts the Fruta del Norte deposit at its northern edge. The deposit is hosted in the La Zarza concession, located in the 38 square kilometers (km2) Suarez Pull-Apart Basin. Fruta del Norte deposit is located within a 150 kilometers (km) long copper-gold metallogenic sub-province in the Cordillera del Condor region in southeastern Ecuador. The Company’s properties in Southeast Ecuador consists of over 28 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,454 hectares. From this, Fruta del Norte is comprised of seven concessions covering an area of approximately 5,566 hectares and is located approximately 142 km east-northeast of the City of Loja in southeastern Ecuador. Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit.


TSX:LUG - Post by User

Post by goldanalyston Feb 17, 2021 8:46am
141 Views
Post# 32582793

Well there you have it....

Well there you have it....Broke through the 200-day in fashion this morning...on a techincal basis the bull run is over...we've been trading in a channel since August and we are now moving towards the bottom of it....
Now we wait for this bear market to end and with it a halt in the rising 10-year US bond yields.
Never in my wildest dreams could I have expected this outcome...but gold has a way it seems to break hearts everytime....will continue to hold what I have left here....and should it break down to anywere near $1500 before Q2 ends I will start building my position again in anticipation of inflation in H2.....it was a decent run but honestly I expected more from this bull run!! Silver is still intact though so I'm happy about that...other metals including uranium, lithium, cobalt are all raging right now....glad I transfered a lot of it over there in December and January~Still have 20% in gold stocks though and will try and stick it out for a while longer!

GLTA
<< Previous
Bullboard Posts
Next >>