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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

Comment by goldanalyston Jun 23, 2021 9:28am
128 Views
Post# 33433540

RE:RE:Bad news....

RE:RE:Bad news....People were telling me last year at this time that LUG was all this and  that.
I sold all my shares anyways and bought NFG instead. I just checked back into see how I would have done holding LUG over the last 1.5 years instead of NFG which is up 400% since I bought it. Well holding LUG over the same time frame would have results in....wait for it.....-4%
Sometimes you have to trust your instincts and go against the crowd. LUG has the goods and everyone will make money here over the longer term but there definitely better places to have been and to be over the next 12-24 months...glad I checked out of this one~will check back in here in 12 months~

GLTA
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