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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 theSwede99on Nov 20, 2018 5:44pm
81 Views
Post# 29001981

RE:RE:RE:RE:RE:Not a good feeling

RE:RE:RE:RE:RE:Not a good feelingThese are pre-Lesedi levels we're seeing now....

The only two factors I can account for the downturn in sp based on all the aforementioned positives is the credit crunch in China and maybe a shifting demographic sentiment (longer term).  

Clearly, the fundamentals have become the strongest they have ever been since we gained true market recognition some three years ago.  I know the opinion has been discussed to great lengths in the past, but based on improving operational status, potential 2019Y revenue guidance increase etc., the recent decline in sp indicates to me that we will be bought out soon.

I'll use DDC.T and most recently THO.T as a perfect example of 'when the price is right'.

I bought some shares this afternoon in the investment account to try and average down my cost after I too thought that Mr. Lundin's purchase at $3.30 signified some monumental event.  Please keep in mind that being retail is our biggest handicap!!

glta
Bullboard Posts