Lundin Gold Inc T.LUG

John Ing, gold analyst with Maison Placements, expects more

[bossu]

“Gokd Reserves are declining and it remains cheaper for mines to replace those ounces on Bay Street than explore,” he wrote in a recent note to clients.

He singled out Lundin Gold Inc. 

Anthony Moreau, chief executive officer of American Eagle Gold Ltd. 

decrease

 

, sees several mid-tier Canadian gold companies potentially getting acquired in 2025 by their larger-cap peers. With gold still trading at extremely high levels, acquirers stand to earn hefty cash flow right away, and companies with mines in stable jurisdictions are top of the list of attractive targets.

May be  LUG could be a target but not in a stable juridiction and probably trading  at a discount price . LUG is rhe lowest gold producer on the planet with excellent grade and reserves.
Of course I like this ''risky``bet so far and  rewarding !

 

incre

 

[TimeBuilder1]

Hi Mr..bossu, Thank You for posting  Noted: we Donot own LUG but Big believer in AEM.T Regards with  Respect & Trust, TimeBuilder PS:  hope your health is improving as ours is now stable ;>)