Lundin Gold Inc T.LUG

Alternate Symbol(s): LUGDF

Metals & Mining Gold

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

Lundin Gold Inc > 4th quarter

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Comment by claritason Mar 01, 2021 1:31pm

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Post# 32686541

RE:RE:RE:RE:4th quarter

I think management is doing a great job, with low AISC and good operating results.

As well, with Newcrest holding 32% of the shares (as well as 60% of the debt) and Lundin Family holding 27% of the shares, shareholders have good company.

When the elections get out of the way on April 11, Lundin will then depend on the price of gold, which has been very weak in the recent past. Lundin Gold has no control over this.

All they can do is continue delivering good results. What more can you ask of them??

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