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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 Pete1986on Jul 12, 2021 4:12pm
129 Views
Post# 33530921

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

RE:RE:RE:RE:RE:RE:RE:RE:10 CAD...Not sure what you are talking about. I dont't see Lowest share price in the past couple of years was around 5 CAD, so only 100% since that time. But during that time, also the gold price went up from 1200k to almost 2000k. And investors also took the high risk during financing and construction. And taking all that into account, the current share price is one of the worst in the eintre sector.

And take the 52week comparison. Its down almost 20% within one year. Its also down more than 20% within the last 2 weeks. Thats all not good. Sorry, maangement needs to deliver, but all they can do is talking about creating shareholder value. But they do not deliver.

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