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Luca Mining Corp V.ATLY


Primary Symbol: V.LUCA Alternate Symbol(s):  LUCMF

Luca Mining Corp. is a Canada-based mining company operating in Mexico that engages in exploration, development and operation of polymetallic mineral resource projects in Mexico. It offers a portfolio of two advanced projects: Tahuehueto and Campo Morado. The Company's Tahuehueto Gold Mine Project is in north-western Durango State, Mexico where construction of an initial 500 tons per day (tpd) operation is well advanced. The commercial production, the 1,000 tpd project, shall follow immediately after commissioning the initial stage. The operation is generating gold, silver, lead and zinc in concentrates. Its Campo Morado is an operating polymetallic base and precious metals mine producing at an average of 2,400 tpd, generating zinc and copper concentrates with significant precious metals credits.


TSXV:LUCA - Post by User

Comment by aberlangaon Jun 09, 2022 11:15pm
136 Views
Post# 34746040

RE:RE:RE:RE:RE:Q1 on sedar

RE:RE:RE:RE:RE:Q1 on sedarHello, good recommendation Spike, the problem is the minimum interest in the company, which is reflected in a very low volume. I like ATLY for the quality of its properties, what I don't like is how it is being handled and the poor results delivered.  I publish for shareholders to demand results, since it is costing us all their mistakes and lack of compliance.
One additional example of non-compliance and dubious news released on May 16, announced "Altaley Mining Initiates Mining and Milling Operations at its New Tahuehueto Gold Mine", however until today, after more than three weeks of this transcendental news, have not reported anything, we do not know how much ore have processed, how much concentrate have produced and most importantly, how much concentrate they have sold, so generates doubts and  the share and the company loses value.
To those who are going to say thatit is very little time to report results, I remind that 11 toll mill campaigns where carried out, with poor equipment, but the same day that the campaign began, there was already production of concentrate and on the third day it was being sent for sale and 10 days  later was released the successful result.  In fact, there were 12 campaigns, the last one carried out by the current management and after 18 months have not reported results either.

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