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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 > 10 CAD...
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Comment by Pete1986on Jul 09, 2021 6:57am
148 Views
Post# 33520085

RE:RE:RE:RE:RE:RE:10 CAD...

RE:RE:RE:RE:RE:RE:10 CAD...There are no good news at all. They just relase some news releases which are not relevant. Even the production numbers for Q2 won't be relevant since its gonna be in line. 

Just imagine, gold is trading at 1800 USD, Lundin gold went from construction phase to a producing mine. And what happend to the share price? Went down. Thats increadible. 

So investors took all the risk from construction to production, gold is up about 30% since that time. And the share price went down more than 20%. Thats just one of the worst performances in the entire sector.
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