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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

Lundin Mining Corporation is a diversified Canadian base metals mining company. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, producing copper, zinc, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Josemaria Project, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that produce copper concentrates. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is located in the Upper Peninsula of Michigan, United States, in Michigamme Township of Marquette County. Josemaria is a large-scale copper-gold-silver project. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Zinkgruvan mines underground from several orebodies.


TSX:LUN - Post by User

Post by kijijion Jan 11, 2022 10:27pm
294 Views
Post# 34306548

Int'l Speculator says buy Lundin Mining

Int'l Speculator says buy Lundin MiningThe International Speculator, in its Dec. 29, 2021, issue, says buy Lundin Mining Corp. at $9.54, officially, Buy up to $17. This is the newsletter's second time round with Lundin. The Speculator said buy three times between Feb. 1, 2005, and Oct. 2, 2006, at prices ranging from $11.45 to $29.70. On Jan. 2, 2007, it said sell some -- sell half, perhaps -- at $43. Assuming an investment of $1,000 for each of the three buys, selling half at $43 yielded a profit of $1,634 and left shares, which cost $1,500, worth $3,268. The stock split 3:1 on Jan. 25, 2007. The newsletter then said sell the remaining half at $13.69 on Aug. 8, 2007. Selling the remaining investment ($1,500 cost) at $13.69 yielded a profit of $1,621. The Speculator then said buy seven more times between Dec. 22, 2017, and June 23, 2021, at prices ranging from $5.46 to $8.39. Assuming seven investments of $1,000, the $7,000 position is worth $9,197.
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