Lumina Gold Corp V.LUM

Alternate Symbol(s): LMGDF

Metals & Mining Gold

Lumina Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resources in Ecuador. It is focused on Cangrejos Gold-Copper Project, which is located in the foothills of the Andes in the southwest of Ecuador and lies 30 kilometers (km) southeast of Machala, the capital of El Oro Province, and 150 km south of Guayaquil, Ecuador’s largest city. The Cangrejos Project was the discovery of gold-copper mineralization in a porphyry environment. The Company has approximately six contiguous mineral concessions located near Machala in southwest Ecuador, which covers a land area of approximately 5,682 hectares. The Company owns or controls approximately 1,730 hectares of land / surface rights, which cover various locations with respect to the known and potential targets. The Company’s subsidiary is Odin Mining del Ecuador S.A.

TSXV:LUM - Post by User

Lumina Gold Corp > Lumina's NPV ?

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Comment by stocksnbondson Feb 21, 2021 10:27pm

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Post# 32623649

RE:Lumina's NPV ?

Gotta say, I never thought copper would get to 4.00 so soon.
Quite a shock actually. Gold on the other hand has come down.

Hopefully, gold will reverse trend. Nice call on CU.
Now let's hope they can sell this company for some sort of premium!
One of the top 15 undeveloped CU/AU mines in the world and they can't even get a decent offer.
Sad really.

sb

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