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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.


TSX:LUC - Post by User

Bullboard Posts
Comment by dhparon Jun 29, 2012 8:56am
201 Views
Post# 20067597

RE: RE: No Justification

RE: RE: No Justification

diamonds may be forever but diamonds are definitely cyclical in nature. when the markets settle and people feel richer they will buy again and LUC will go up if only because of its commodity beta. 

the most important issue from the short term perspective is to put all production issue behind us, to go full capacity with water supply fixed and auction running in rich cities of Europe as opposed to on Botswana's intranet (sic!)

Bullboard Posts