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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 Jul 05, 2016 2:29pm
137 Views
Post# 25024079

RE:RE:RE:You haven't heard the last of LLR

RE:RE:RE:You haven't heard the last of LLRGerry, there is some logic behind the sp fall. When LLR and the other 2 biggies were found the sp surged around 30% - did that make sense to you? The market evaluate the potential for the future - not just the particular event in isolation. When the 3 stones were found in november the market reaction was 'is there more where that came from' hence the sp rise. Its the same here, as LLR did not sell, what does that mean for future sales of biggies?? The market is not looking at the failure of the sale in isolation
Bullboard Posts