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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 nyonion May 10, 2021 10:56am
208 Views
Post# 33164727

RE:RE:RE:Results and perception

RE:RE:RE:Results and perception Here's an example of how secrecy and unknowns can play into decisions about the future.

Fact 1: Jwaneng Mine in Botswana is the most valuable diamond operation on the planet. It was said at one time that it was cheaper to make $1 from Jwaneng than it cost the Fed reserve to print a one dollar bill.

Fact 2: 4th March 2019 - in resonse to a journalist's question the Minister of Mines confirms that there is a new diamond discovery in Botswana "as big as Jwaneng", but will not elaborate.*

Since no more has been said by either the ministry, or any company, there must clearly be non-disclosure agreements in effect.

Now, regardless of who that lucky company might be, I'll bet you it is colouring their current decisions in a big way.


https://www.rough-polished.com/en/exclusive/113067.html
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