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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 5:45pm
184 Views
Post# 21771195

RE:RE:RE:Good movement

RE:RE:RE:Good movementNo worries, hard to distinguish humour sometimes :)

I am not very familiar with GEM I think you were thinking of someone else!

I do agree that diversifying the property portfolio is a good idea, I just also know that he majority of the time the buyer's SP will take a hit in the short term where as the compay being bought will usually be at a premium to current SP.  Unless we manage to grab something very cheap as you mentioned.  In any case it looks like we are headed in the right direction.   I still think I was justified in taking profit yesterday, but it appears my condition was violated.  Most people think the system I use is completely backwards, but it IS a profitable one even if it violates conventional wisdom.  The same system called my entry in the 50's after all :)  Maybe I will get a chance to re-enter for more, maybe not...


Bullboard Posts