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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

Comment by tadjames1on Nov 12, 2020 9:46pm
110 Views
Post# 31892637

RE:Remembering when we were mining money

RE:Remembering when we were mining money The biggest problem with this company is that an investor can't "depend" on big hit after big hit regarding large stones. Way too many shares out to make a difference to the financial ratios that brokerage firms use to calculate a good buy with lots of upside for their clients.   Lundin management screwed this company like they screwed Shamaran, Black Pearl, Etrion... etc.
Thomas should exit quietly with her head hung very low and not return to the investment business for a very long time.
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