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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 desolationsoundon May 29, 2014 8:03pm
225 Views
Post# 22612782

RE:RE:RE:RE:Large stones

RE:RE:RE:RE:Large stones
Touche - I think NM14 your estimates on regular or 10.8+ Carat diamonds maybe too low
1st Qtr 188 @ 10.8 Carats or higher   x 4 qtrs = 752 stones 10.8 Carats  or higher for 2014
Latest run rate:
239 recovered midway through 2nd qtr = 478 for 2nd qtr ( if current rates are maintained)
188 1st + 478 2nd + 478 3rd + 478 4th =  1622 for 2014 Potential
Could be $ 200 M just from regular sales for 2014 + 3  or 4 exceptional diamond sales
July 18th 2014 could be best  day in Lucara shareholder history  (after 2nd exceptional diamond tender results are released at 5:30 pm Eastern time)
forget a $ 3 LUC SP target   (way too low for 2014 ....) 
We could see runup like Kennady Diamond stock !   if you are thinking of buying more stock this is probably your last chance to buy at $ 2 range  .. I am adding to my position !!!
- DS
Bullboard Posts