When Lukas Lundin was ten years old, his father – resource industry legend and X-Leaguer, Adolph Lundin – sat him and his brother down and asked, "Who's going to be the mining engineer and who's going to be the petroleum engineer?" Thus were planted the seeds of his long and storied career of developing oil, uranium, gold, copper and even iodine, in Africa, the Middle East, South America, Russia and Mongolia.
By the time he was 15 years old, Lukas was attending corporate board meetings and flying around the world looking at mines. After schooling in the United States, he was immediately off to explore for gold in Sierra Leone, running a 50-man exploration crew before he was even old enough to legally drink in a bar.
XL: First off, Lukas, I'm sure all of our readers would love to hear about what it was like growing up in the Lundin family, one of the resource industry's most successful family enterprises. Growing up, you must have had a lot of exposure to the resource sector.
Lukas: Normally at the dinner table we'd talk rocks and stocks. (laughs) That was the only thing my father talked about. I was definitely exposed to it.
XL: How old were you when you first started becoming involved in the family business?
As you undoubtedly heard, the board at Red Back Mining (T.RBI) unanimously approved a friendly merger with Kinross Gold (T.K; KGC). As RBI shareholders, we like the deal since we'll get bought out at a premium. And with Kinross being a Casey's Gold & Resource Report pick, we're happy to hold on to our shares, especially given Red Back's outstanding exploration and expansion potential.
Denison Mines (T.DML: DNN) reported more great drill results from its Wheeler River property in Saskatchewan. Intercepts include 10.7% eU3O8 over 2.7 meters, extending zone A 25 meters, and 20.7% eU3O8 over 2.2 meters, extending zone B 50-meters. Both zones remain open along strike, and the company is still drilling.
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