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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 Oct 02, 2013 1:03pm
151 Views
Post# 21784814

RE:RE:Volume

RE:RE:Volumeyou need to understand thebasics of stock movement.  This has been a long run up from low.50's, and there has been momentum and loss of momentum at different times.  The HUGE relative volume on the last move up has not occured at any other point.  This indicates it's a point where MANY people feel the stock is at a suitable level to sell it.  This is why we have seen a creep back towards $1.  Which of course you probably believed would not happen. In fact I would hazard a guess you likely thought we would be closer to $1.20 now instead.
Bullboard Posts