Lumina Copper Corp LCPRF

Rumours?

[eebler]

Lots of upwards movement on steadily declining volume. Is this the last throes of a big move before it rolls over, or are there rumours out there that haven't hit the mainstream yet?   I'm not complaining as the increase is nice to look at, but this is very unusual given all the volatility and risks to underlying fundamentals.  Any speculation?

[krogh]

The obvious speculation is that they are negotiating a buy out, and the strength comes from people in the know. It is quite similar to Global Copper which traded up to around $10 on this kind of strength. Then, one day, the announcement came that Teck had acquired Relincho for around $14. My guess is that they are negotiating a buy out right now.But of course, it could just be an ordinary move. We

[Morse5]

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[e-commerce]

Well done for those who bought Lumina way back when below $1 YAHOO :-)If history repeats itself just like Ventana VEN-TO , im placing my bets like Ross did in the following companies...RD - TSXVCBJ - TSXV See you in awhile when the SP has jump 1000% ....PS- Due your own DD Happy Investing ....

[Morse5]

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[mudguy]

Another 52-week high close. Nice.

[e-commerce]

Im sure Beatty and Co. has and will be doing alot to reward his shareholders.History has been proven :-)As always do your own DDHappy Investing.

[e-commerce]

Just taking a guess.Do you think there could be another Spin-off in the works aswell. That would be great.Normally in the past when Ross Beatty & Co. sell there companies they always have a Spin-off to retain certain assests. Anyway, thats just me thinking out loud. DYODD...

[krogh]

It would be great with a new spin-off. However, there is no deposit in the pipeline as far as I know. But they could acquire a new unexplored deposit. The management team is extremely important, and there are probably lots of under explored deposits that could be made into something great by this team. I hope they make a new company.Taca Taca seems to be a 50,000,000,000 plus Cu deposit. They just

[Morse5]

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[Morse5]

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[Hrundi]

Take a look at LA.V (Los Andes)  .  Ross originally sold the property to LA and seems to have quite a bit of copper also and is open to increase resource.  The property contains a NI43-101 compliant indicated resource of 515M tonnes grading 0.39% Cu (4.4 billion pounds) and 0.011% Mo (125 million pounds), and an inferred sulphide resource of 572M tonnes grading 0.34% Cu (4.3 billion

[eebler]

Not worth looking at....they aren't even doing anything with the property.  Looks like they've turned turtle and converted to a shell company to hold the property in the hopes that they might one day themselves be bought.  No drilling, no exploration updates, nothing that suggests they are moving anything forward.  Not much money left either, with a deficit of $12m