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Bullboard - Stock Discussion Forum 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)... see more

TSX:LUG - Post Discussion

Lundin Gold Inc > All gains gone
View:
Post by Pete1986 on Nov 28, 2022 2:16pm

All gains gone

after the great drill results. As always, the increase is not sustainable.
Comment by bossu on Nov 29, 2022 12:11pm
In my mind a very good gold producer . Now producing 4100 t/day and cash cost and AISC at  $ 656 and $ 806 per ouce are probably the best I know! They have probable reserves for 11 years and at the end of the Q1 2023 we may expect a ''big increases in reserves coming from the infer resources . Grades at 11 gr/ton currenttly are exceptionnal but new reserves are going to be a ...more  
Comment by Pete1986 on Nov 29, 2022 3:24pm
Stupid market. I sold yesterday at the close and today its up 5%. Can believe it. 
Comment by inse on Dec 01, 2022 3:45pm
Looks like you sold too early..but then again, there's nothing wrong with capturing a real gain. Another strong showing for LUG at the moment...let's see where it closes the trading day.   $13.760.49 | 3.69%Bid: 13.74 x 600Ask: 13.77 x 300Volume: 208,941 CADTORONTO STOCK EXCHANGEDELAYED PRICEDECEMBER 1, 2022 3:18 PMEST GLTA
Comment by bossu on Nov 29, 2022 8:33pm
Just what I was talking about  Just too bad because of my weak holding in this outstanding gold producer ! uote=bossu]In my mind a very good gold producer . Now producing 4100 t/day and cash cost and AISC at  $ 656 and $ 806 per ouce are probably the best I know! They have probable reserves for 11 years and at the end of the Q1 2023 we may expect a ''big increases in reserves ...more  
Comment by bossu on Nov 29, 2022 9:21pm
Too bad for you and you d'ont understand the storey unfolding .... Just to say : ..Bossu have been following ARU for minimum 20 years when the deposit was there with a huge grade and outstanding potential deposit.  The  company was fighting with the ''contra'' governing entity and the permit to operate was refused because of the unrest and struggling  entity  ...more  
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