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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 bricksnmorteron Jun 30, 2016 5:24am
191 Views
Post# 25011295

RE:RE:RE:RE:Right call not to sell diamond - timing & events were bad

RE:RE:RE:RE:Right call not to sell diamond - timing & events were badThe fact that the buyers premium of 12% on top of the $62m hammer price meant that someone was prepared to put $68.3m on the table. I suppose that this means that at some point in time LLR will sell for more than $70m as anticipated. Although, it is disappointing that a new market has not presented itself by way of public auctions for the biggest of stones
Bullboard Posts