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Bullboard - Stock Discussion Forum Luca Mining Corp 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... see more

TSXV:LUCA - Post Discussion

Luca Mining Corp > Q1 on sedar
View:
Post by lscfa on May 30, 2022 11:55pm

Q1 on sedar

Loss for the quarter
Comment by lscfa on May 30, 2022 11:58pm
The overall performance of Campo Morado has improved quarter over quarter through during the last 21 months leading up to 2022 as a result of various initiatives to improve mining and ore production as well as other cost reduction initiatives. When comparing the three months ended March 31, 2022 and 2021, plant production remained consistent, increasing marginally from 174,382 tonnes processed in ...more  
Comment by aberlanga on Jun 01, 2022 4:21pm
Q1 2022 in Campo Morado Fortunately, production and recoveries in Campo Morado have been maintained, but it is worrying that after so long are not grinding 2500 tpd (Tonnes per day), continue with serious operating problems that should be foreseen that are causing substantial increases in costs and reduction in production. Increase capacity is perfectly viable, for example, in Q2-2018, immediately ...more  
Comment by CTM1967 on Jun 02, 2022 9:14am
you need to chill buddy ... and stop with the bash they are getting their sh.. together and were able to sell the whole PP at close to $.10 higher than current SP with the warrants at $.55 so us retail shareholders are not getting screwed for once.  ralph is doing a great job here Altaley Mining Closes Non-Brokered Private Placement and Reports on Q1 2022 Financials    & ...more  
Comment by Spikearoo1 on Jun 02, 2022 12:46pm
Need to take Abelagrio with a pound of salt. He is bitter about getting forced out of the company . He almost bankrupted it when it went down to 4 cents. He tries to point out all the negative without context to what is coming down the pipeline. Hey Antonio why dont u just sell ur shares and move onto another company if u dont like ATLY? I dont get it...
Comment by CTM1967 on Jun 02, 2022 12:56pm
Challenging Q1/22 at Campo Morado; Better Quarters Ahead Taylor Combaluzier | Mining Analyst research@redcloudsecurities.com Financial Results June 2, 2022 Impact: Neutral Altaley reported financial and full operating results for Q1/22. Results this quarter were below expectations due to mechanical issues at Campo Morado, which substantially reduced operating profit and increased costs. However ...more  
Comment by mahoon on Jun 02, 2022 7:18pm
Not to mention that there was scheduled mine maintenance and they had to chew through lower grades to get to the good stuff which I believe they are .  I believe that this quarter was just an anomoly and that profits will rebound handsomely for the next one. jmo
Comment by Spikearoo1 on Jun 02, 2022 8:16pm
Ya evwry quarter is not going to be steller. The technicals suggested it would drop to 25 cents, which it did and it bounced off.that...of all the juiors out there these guys arent doing too bad. Better quarters ahead. Buy now while.iys still below 40 cents.
Comment by austrochris on Jun 03, 2022 4:37am
yes , the next quarter should be much better . Copperproduction is coming online and first concentrate sales at tahuehueto !
Comment by Spikearoo1 on Jun 03, 2022 8:03am
Yup...agreed. people are so short sighted...a ripple on the water and weak hand panick. I purchased another 150000 shares at 26.5 and sitting over 800000 now. Looks like one of best values. Anyone going to Toronto metals show in person to chat with Mgmt? Im out of town but i would love to hear any convos folks had. Cheers and GLTA....
Comment by aberlanga on Jun 09, 2022 11:15pm
Hello, 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 ...more  
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