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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 > Gold Price
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Post by aberlanga on Jun 14, 2022 7:20pm

Gold Price

Despite the high inflation in the US the price of gold falls, the explanation can be the intervention in the markets of the American Government and others interested in protecting the dollar, the question is; How long will they be able to continue to control the price of gold?  An example of this is going to be that gold price dawns tomorrow below $800. On the other hand, the prices of gold mining companies are also falling, generating a good opportunity to buy......
Comment by mahoon on Jun 16, 2022 4:42pm
Gold seems to be one of the very few assets holding their own. The poor b*stards that invested in the high flying techs and cryptos are getting their asses handed to them but it had to happen , the numbers just couldn't sustain themselves. It appears that some money is flowing into Au as a safe haven that has been a storage of value for centuries and will remain so. 
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