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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 > Silver
View:
Post by Varadero on Dec 03, 2023 9:12pm

Silver

Silver has traditionally had a much higher beta than gold so we can expect a greater price gain. Silver was a 10 bagger from 2002 to 2011. Will it be a 10 bagger from 2020? Probably.

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Comment by Varadero on Dec 04, 2023 9:54am
Silver/gold are just back testing the break out trend line. Time to buy in the weakness and add to your position.
Comment by Varadero on Dec 04, 2023 3:26pm
The key characteristics of bull markets are violent corrections that serve to shake loose a large # of market participants. In the process, these corrections serve to transfer wealth from the many to the few. No where is this phenomenon more apparent than commodity futures.
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