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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 smoothedgeon May 06, 2014 11:43am
303 Views
Post# 22529163

RE:Cash on hand ready for an additional property purchase

RE:Cash on hand ready for an additional property purchaseWell it is best to obtain credit in the good times when a Bank does not ask you to bend over . So we might be trying to read too much out of this . Like I said with the way money is so hard to find in mining having the credit on hand is a show is strength . I could be wrong but for some reason I thought it was increased 35 to 50 mill ? Anyway the important thing is that the wrong time to ask for money is when you really need it badly . That being said maybe they do have some property in their sights ?
Bullboard Posts

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