Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by Skelticon May 06, 2021 5:28pm
125 Views
Post# 33148584

RE:RE:Good time to sell

RE:RE:Good time to sell
This is just the beginning I have seen a few Canadian companies get stolen from their shareholders by their debt holders and it all starts like this. Going into debt, then a couple of bad (unintentional)  bad Quarters. Inability to pay the debt, then the shares are reworked to 0$ and the company is given to the debt holders, and shareholders end up with nothing. Sudo bankruptcies.

This company has proven that they can be literally pulling diamonds out of the ground and still manage to lose money. I think taking on debt is a bad idea for share holders.
<< Previous
Bullboard Posts
Next >>