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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 CodtMarks88on Sep 07, 2016 10:32am
236 Views
Post# 25213593

RE:RE:RE:Consider keeping the Lesedi La Rona?

RE:RE:RE:Consider keeping the Lesedi La Rona?Well the Lesedi La Rona is the only diamond in over 110 years to be found over 1,000 carats. (knock on wood). But also being  a type IIA Diamond which make up 1% of diamonds found. Which is very rare just due to that fact on it's own.

And diamonds over 1,000 carats are next to impossible to find at this point in time until far more advanced technology is created perhaps that could make it easier to find diamonds (not saying it would even find large diamonds), or just simple luck, like the only two that have been found so far.

The Cullinan Diamond was 3,106.75 carts for in 1905. A majority of that being part of the priceless English Crown Jewels.

It's just highly unlikely A diamond over 1,100 carats will be found for a while.


Bullboard Posts