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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 pjmcarlsonon Mar 08, 2013 12:02pm
149 Views
Post# 21100655

RE: a mention

RE: a mention

Good find Nyoni.  The article was stressing how expensive it is to find an economic diamond source, get financing, build the project and get it into production. The good news is LUCARA has done all those. It has been painful though owning this stock. Who knows, maybe we will be waiting even longer but I along with most of you know eventually the fundamentals will win out and the diamond market will improve and we will be rewarded.

Bullboard Posts