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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. The Company owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Its wholly owned subsidiary is Clara Diamond Solutions Limited Partnership (Clara).


TSX:LUC - Post by User

Bullboard Posts
Comment by JxEssenceon Jul 02, 2016 2:49pm
213 Views
Post# 25017075

RE:Selling huge diamonds

RE:Selling huge diamonds
NigelDavies wrote: I think the problem that the Lucara Board had was selecting a method of selling the diamond. No-one has ever tried to sell a stone like this one before and maybe the method selected was the wrong one, it was too public in my view and I don't think someone is going to want to bid with the eyes of the world via cameras watching them. Having watched the auction, and I am a retired auctioneer, I am pretty sure that the Auctioneer very skillfully ran the price up to the reserve. I am note sure what the highest 'real' bid was. Maybe they should have gone down route they took with the Constellation stone but hindsight is a wonderful thing. The drop in the share price was a bit overdone, after all they still own the diamond. I think the next step will be to discover what they have recovered from Karowe this year, it has been very quiet on that front so far in 2016. I seem to have owned these shares for a very long time, bought them as African Diamonds many years ago. It's certainly been an exciting ride. By the way Botswana Diamonds seem to have a bit of life in them, maybe they'll head the same way as Lucara. GLTA


GO SHORTY GO!!! In 4.20 out 2.50? 2.00?? BIG PREMIUM PRICED DEFLATING NO BUYERS MMMMM GO BREXIT GO!!! DANKE MARK BILL (SHORTY)
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