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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
Post by desolationsoundon Jul 15, 2014 7:54pm
420 Views
Post# 22748797

Will LUC stock price drop off Wednesday afternoon?

Will LUC stock price drop off Wednesday afternoon?More than a few folks on this site have  indicated they " Buy on Rumor" and "SELL on NEWS"
I seem to recall this past  April when the last  Exceptional tender closed  .. the SP started heading south in the afternoon before 4pm EDT market close (and the 5:30 pm April tender results were released)  as many folks wanted to "lock-in"  returns before the SP " headed south"  the next day  and beat out  others with the same buy/sell game plan sold off their shares after the  tender sales results were released.. The wild card in this approach is  what will the July  tender results be ? 20 mill 30 mill - 45 million  or more????
I know  long term investors will just keep their shares ... Tomorrow and Thursday should be very interesting .. good luck to all !
- DS
Bullboard Posts