RE: RE: Shares on the bid Good call! It's hard to believe that in May 2011 Lucara had a SP of $1.40 and in May of 2012 a SP of $1.10, and this was before anyone knew they had blue diamonds. I consider this to be one of my safest picks and this should easily go to $1.00 in 2013 which would be a 56% gain. A few more blue diamonds and a double to $1.28 is still possible, and there is still more upside beyond that. They will find more blues as they did not just happen to find the only ones in all of Karowe while barely scratching the surface. Happy New Year and go Lucara!
Natural Blue Diamonds
Natural blue diamonds are among the rarest colored diamonds that exist in the world today. They are highly sought after and can cost as much as 10-50 times as much as a colorless diamond of the same size. The blue diamond is a favorite within the colored diamond collectors. Due to facts mentioned above, the price of blue diamonds is extremely high. Most of the intensely-colored blue diamonds are found in the Cullinan and Premier diamond mines in South Africa.
"And now also found by Lucara at their Karowe mine."