LUC Stock Price should resume upward trend b4 Aug 13th ....
Hi
Stock is now trading over $ 2.70 . Sweden closed at $ 2.70 CDN equivalent today. Folks that didn't take the opportunity to buy/add more LUC shares when the price was below $ 2.70 could
be out of luck as the stock has formed a very strong support base and will start to close higher
and higher on the trek to $ 3 and beyond ...I think the Aug 13th results reported will "surprise" the market in a very VERY positive way and I think - with actual results declared they (analysts covering Lucara Diamonds) will have to raise their target SP significantly - the market maybe well a head of these folks as has been the trend in the past - How many TSX listed companies achieve their 2014 Revenue forecasts by end of 2nd quarter ?????? 3-4 regular diamond tenders to come and one -perhaps two exceptional diamond tenders to go in the last 2 quarters of the year ...
- DS