Bullboard - Stock Discussion Forum 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)... see more

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Lundin Gold Inc > LUG goes down with the group

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Post by Retiredgeo on Feb 18, 2021 2:40pm

LUG goes down with the group

Gold stocks are currently out of favor, LUG included.

Barrick Gold has dipped under $26 CAD. The entire sector is under selling pressure.

Meanwhite Bitcoin has soared over $52,000 USD.

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Comment by Pete1986 on Feb 18, 2021 3:36pm

I sold as well. This is going way more down. What a disaster, and the Lundins are doing nothing.

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Comment by itsjustme1 on Feb 18, 2021 6:51pm

The difference between lundin gold and bitcoin. One is investing and one is gambling. In investing if you pick your investment on sound fundamentals you should prevail in the end. In gambling you have your nice wins but house will eventually get it back with interest. I feel a lot of people will eventually be ruined with bitcoin. I hope I'm wrong, but I also hope lundin gold . . .& ...more

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