Lundin Mining LMC LUN.to will company overcome its spell?

Everything depends on results. Now in company's value everything is discounted close to zero. No value for Ozernoe, it was a real problem: Russia's modern state of capitalism is noway better then mess in Congo if you are not connected into the right network. Looks like Lundin pass on this one. No value for Tenke Fungurume stake and it is understandable, hot guys in Congo did everything impossible to destroy value of their own projects. But what about Lundin's own operations and its strategic investments? Profits are under pressure with rising euro and falling Zinc and Lead prices, not so bad on Copper front. We are far and farther away from Lukas dream of 10 billion market cap. Will he bring his magic again? I am not sure, but I will not discount Mr Lundin. His trick should include diversification from Europe into new stable environment, spiced with upside in countries perceived less stable, but still manageable. If company will be able to get Wall street attention back and will come with strong production numbers logical steps will be to increase value of its strategic investments and move them quickly into development stage. On the radar are Mantle Resources MTS.v, Sunridge Gold SGC.v, Sanu Resources SNU.v and Nevsun Resources NSU.v. Situation become more for trading then for investment for our taste now. We have closed Puts protection and increased our Calls. Another approach is to accumulate potential targets of M&A activity.