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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Lucara Diamond Corp. is a Canada-based diamond mining company with a producing mine and exploration license in Botswana. Its 100% owned Karowe mine, located in Botswana. Karowe produces Type IIA diamonds in excess of 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813 carat Constellation. It also owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain.


TSX:LUC - Post by User

Bullboard Posts
Comment by Skelticon Aug 24, 2015 7:15pm
133 Views
Post# 24047473

RE:RE:RE:RE:RE:more reports of the pressure on diamond prices ....

RE:RE:RE:RE:RE:more reports of the pressure on diamond prices ....
You don't seem to understand what is going on with these companies you mention. No one is intentionally holding back diamonds, if they can get more diamonds to market , they will, it is either a massive processing issue as with LUC, or diminishing of quality pay dirt as in the other two. If these guys could get more out of the ground they would.

All of these companies have adjusted their guidence to reflect these facts.
Bullboard Posts