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6 pts

Opinion on  Lundin Mining Corp. (LMC)     Sector: Basic Materials  >  Industry: Metal Mining
Base metal miner

Apr 24, 2008 01:56 PM GMT
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Return Risk
-4.25% MID
Sr. Associate

Fundamental Analysis   Favorable/Unfavorable Valuation  

Lundin Mining Corporation is a rapidly growing, diversified base metals mining company with operations in Portugal, Spain, Sweden and Ireland. The Company currently has six mines in operation producing copper, nickel, lead and zinc ( Neves-Corvo and Aljustrel in Portugal, Zinkgruvan and Storliden in Sweden, Galmoy in Ireland and Aguablanca in Spain).

In addition, Lundin Mining holds a development project pipeline which includes the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo and the Ozernoe zinc project in Russia as well as major expansion programs at its Neves-Corvo and Zinkgruvan mines. The Company also holds an extensive exploration portfolio and interests in international mining and exploration ventures. Lundin Mining's corporate headquarters is in Vancouver, Canada, and its operational headquarters in London, UK.

http://www.lundinmining.com/s/Company.asp

The company is in a great sector with excellent prospects and is undervalued.Cramer hates it which is a big positive for me.
http://www.cnbc.com/id/24019575/?__source=yahoo%7Cheadline%7C...

The current trigger for the Wall Street hate is the loss in the 4th quarter but I think this focus on one quarters earnings is misleading.I am very bullish on the company's long term prospects.
http://biz.yahoo.com/ap/080319/lundin_mining_earns.html?.v=1...


LMC:  This call was made on 04/24/08 @ $7.37
Rating:   Positive   $7.37 (04/24/08)
Gain/Loss:   n/a in 591 days
Allocation:   0.2% of portfolio


Comments (1)

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Thomas George    9 %     1 point   commented 522 days ago reply

http://seekingalpha.com/article/83508-is-lundin-mining-misunderstood

Reassuring analysis :)


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Thomas George previously rated LMC
Positive +0.00% Bullish on LMC ...
04/24/2008
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