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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
Post by dhparon Sep 25, 2013 11:37am
252 Views
Post# 21766277

using this pop to leave...

using this pop to leave...i was a holder for few years now and got over all the bumps of pre- and especially post-production including european crisis.

i decided to leave today. so good luck to everyone, especially nyoni and soxman for all their efforts.

my reasons for leaving are that we are closer to fully priced again and i do not want to repeat the mistake of not selling the last time - it costed me over 1 year longer to keep the capital in. also the upside is now maybe 25% (and that's when the biggies keep rolling) - that's not good enough for my book.
the company is now biger than GEMD and that's with only a single operating mine. it is also more likely that some kind of merger takes place as indicated by Lamb/Lundin about a year ago..."we will do a deal when our currency (i.e. share price) goes up in value...". that was when LUC traded around 60 cents... so beware.
I will gladly accept some diamond ideas as i would not like to leave the sector altogether.
good luck!

Bullboard Posts