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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 smoothedgeon Jan 24, 2017 10:40am
270 Views
Post# 25746306

RE:RE:RE:Class Action Lawsuit

RE:RE:RE:Class Action LawsuitYou are right but i will put another spin on that for you .

Possibly Lundin was informed that a rather large fund or two wanted out . Instead of allowing a run on millions of shares beating down the share price every day for weeks on end Lundin protected the share price to some degree by working out a purchase price beneficial to both..

Lundin knows this thing is not going to zero but unlike us, well at least me the company has millions of $$$$. Whether Lucara goes to $5 tommorow or next year means squat to Lundin. They have made millions and will make millions more. The family gets to go sailing , fine dining , vacationing and whatever they wish today while kraft diner and overtime could be on the menu for anyone of us. 
Bullboard Posts