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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 greywoofon Dec 02, 2015 7:53pm
201 Views
Post# 24348771

2016 Outlook .. Lamb is being Lamb .....

2016 Outlook .. Lamb is being Lamb .....In my opinion::

as  predicted ... very close to the vest outlook ...... Some interesting tidbits..

*   Investing money on a new larger diamond circuit to handle larger diamonds recoveries
    including 1000 Carat plus sizes  - they would not spend this kind of coin if they thought
    there were no more very large stones yet to be found .. ( One mega stone find could pay for
     the whole new circuit and then some..)
*   Commencing studies to go underground on south slope
*   6 cent dividend payout in 2016 I think is a bit on the low side
*   no real news on exploration front other then investment allocatons

Would really like to see a  new & updated resource estimate   the for Karowe .....

I don t know what  stock price  LUC will open up at  in Stockholm or  Toronto markets  tomorrow

Think we need to find more large stones and need a  few analyst SP upgrades to kickstart the SP up to  $ 3 per share and beyond . More buzz and news around 1100 and 800+  carat stones would really create SP momentum as well.. 
Bullboard Posts