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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. The Company owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Its wholly owned subsidiary is Clara Diamond Solutions Limited Partnership (Clara).


TSX:LUC - Post by User

Bullboard Posts
Comment by desolationsoundon Mar 27, 2014 8:08pm
340 Views
Post# 22379113

RE:Robotrade

RE:Robotrade
Just wait until they announce results of exceptional  diamond auction   - Lamb also was taking about an associated  special dividend payment tied to this auction  if sales results are really good - so I think a SP of $ 2 will be temporary and it will quickly go much higher - ($ 2 SP  is a threshold for many institutional players)   ,,,, I was hoping for $ 2.40 range but based on Lamb's  Stockholm presentation this week  ... a SP of  $ 2.80 - $ 3.00 could be in the cards by end of April ...  Rough diamond prices are continuing  to rise ... New crushing technology that Lucara  will be deploying could also be a game changer ,,,,  Could be lots of happy long term LUC shareholders
Bullboard Posts