RE:RE:Insider sell 1.2 mill share?Sell / buy ? Call it what you want but judging from the past a Haywood cross has been a positive . At least for the short term. Surely this has to headed to $2.00 in the very near future. Whatever happens after that depends on more money making good news. One of those " We just found 13 diamonds in a pile of rubble this week or " another pink " should give us a big push.
It may not be important for Lucara to sell all their big diamonds as they find them but it might be important to let the market know you have them. Do they have a buffer against a rainy day ? Market may want to know . I / we may want to know . Without a certain amount of reported EST diamonds in the vault waiting there might be perception that Lucara is just flying by the seat of their pants. It is a distressing thought improbable or probable that the well just might run dry for months on end or even worse.