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Bullboard - Stock Discussion Forum Lumina Copper Corp LCPRF

GREY:LCPRF - Post Discussion

Lumina Copper Corp > Net present value 2.1 billion $$
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Post by ACE223 on Jun 13, 2013 9:20pm

Net present value 2.1 billion $$

This is a fire sale , I will hold  and wait for MrRoss Beaty to 

make a deal . Some fund managers have no choice but to 

sell when there  portfolio stinks to high heaven .

Setbacks  for some but opportunities for others 

Glta

Comment by blueberryboy on Jun 13, 2013 11:08pm
Looks like the light weights are selling. For those who can hold, they will be handsomely rewarded. added more today.
Comment by redmetal on Jun 14, 2013 1:37am
Ross had an offer at $13 and turned it down. Elections are coming up and she is no fan of the people. It is a huge deposit but the grades are low and investors today want the grades to cushion the Capex. Simple as that. Todays action signified a single seller dumping for what ever reason they had. It may continue tommorow. I called under $5 today and we saw some stops taken out just under $5 ...more  
Comment by clinc853 on Jun 14, 2013 7:47am
@ red metal, when did Ross get the offer? I knew they had an offer last year but the price was much higher.       If the offer was recent and if they turned it down, then they must be confident for the future. No??                   Are you sure that this information is reliable?
Comment by redmetal on Jun 14, 2013 11:23am
The offer was last year. Ross was wanting $17 at the time.
Comment by JOHNMAYOMBE on Jun 14, 2013 3:01pm
The only raison for selling now is fear. Nothing is changed. If I was a chinees buyer, this was the time of my life.
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