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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 allthatglitterson Jan 07, 2019 9:04pm
106 Views
Post# 29198018

RE:RE:RE:RE:RE:Tax loss selling deadline

RE:RE:RE:RE:RE:Tax loss selling deadlineIf Yoda1955 is right about the paleo channels coming from Karowe, then the company should get involved with Tsodilo Resources (TSD) see https://www.tsodiloresources.com/s/Diamond.asp?ReportID=790752  .  TSD’s license surrounds the Karowe mine and Firestone’s BK11, and another portion is near Debswana’s Letlhakane mine.  TSD management has told me that Lucara hasn’t shown any interest in what diamonds may have eroded from the AK6 kimberlite, but who knows how many of the big diamonds may be sitting in those paleo channels? Maybe an unbroken Lesedi La Rona? https://en.israelidiamond.co.il/news/world/gia-lesedi-la-rona/ .  You only need a few big ones to make this a huge winner.


Yoda1955 wrote:

Cannot issue options until material info released.
Read "The Diamond Hunters" by Clive Cussler. 
Also read a CNN article dated September 4, 2018, by Katy Scott, titled "How Gems Are Mined. From The Bottom of the Ocean". Some of those diamonds must have come from the erosion of the AK6. 
Where are those paleo channels? There are six ships, operated by Debmarine, a jv between the government of Namibia and Debeers and last year thay recovered 1.37 million carats. A seventh 
BTW both the article and the book cover the paleo channels which eroded Karowe, and other SA kimberlites into the Orange River which drains into the Atlantic Ocean, at Windhoek,amibia.
it was on the banks of the Orange River that the first SA diamond was found and ultimately Cecil Rhodes made himself rich only to die of aidsI am gone for tx purposes but may re-enter.
BTW Eira studied diamond geology and recovery at the U of Johannasberg, South Africa.



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