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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
Post by Skelticon Jul 10, 2019 12:52pm
167 Views
Post# 29904597

Botswana Fronting

Botswana FrontingI have an inkling that the bots gov is just fronting that they are interested in acquiring a percentage of LUC,  I think the prez is doing our main share holder a favor trying to get the share price up. Probably Bots has no interest in anything other than the tax money they already get. Sad to say it but if a substantial buy-in was on the horizon the share price would be rising. However, those in the know are aware that this is just a smokescreen so no new smart money is coming in.
Bullboard Posts