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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 nyonion Nov 28, 2016 11:03am
163 Views
Post# 25521608

RE:Down we go....

RE:Down we go....I guess the biggest thing weighing on us at the moment is that  'loss-making' Q3.

However, I can't believe that there aren't other factors that contribute eg the removal of LUC from S&P or the leaving of the COO, both without comment.

I'm not sure it helps either that constricting production from parts of south lobe and the spending of millions on more modifications is a sensible thing to do when the whopper we already have cannot be sold.

Positivity about BK02 and AK11 is our best hope in the near-term.
Bullboard Posts