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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 flushbreakeron Sep 26, 2013 3:30pm
197 Views
Post# 21770793

RE:Good movement

RE:Good movementDon't recall claiming to hav a magic chart...only an opinion, which of course will always be met with hostility by people like you if it doesn't line up with what you hope will happen :)
Keep in mind I am still long shares, so no need to talk as if I am shorting this.

Whats obvious here is that the timeframe I trade on is usually much shorter than most, so my signals dont make sense to you.  All of your indicators will mean nothing if/when the company announces a potential acquisition.  LUC has had a great run from .50 , and I believe the run on huge volume yesterday will exhaust that somewhat.  

I would hardly call today's action "good movement" though...if we break and close above the high of yesterday, which looks very possible now, then clearly I may have sold some prematurely...but only a fool doesnt take some profit after a 100% gain...


Bullboard Posts