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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 Iceman2016on Feb 22, 2017 3:26pm
187 Views
Post# 25879017

RE:RE:Bargain?

RE:RE:Bargain? I am with you on that hard to understand SP right now at 2.88 . Street sentiment seems to be low and price momentum should be up . 

soxman wrote: Pretty solid theory at this point. This is crazy. $2.88 was our 2014 high before we found LLR or any of the other world record stones, before we had a regular dividend, before any of the massive plant upgrades. So now, 3 years later we are back at 2.88 about to sell the worlds largest, most expensive diamond ever and release our underground study. Pretty unwarranted in my opinion. 

People are acting like we aren't making money or something. We had over 80 percent margins in 2016! I don't get it. Best margins in the diamond industry, best mine in the world. It baffles 




Bullboard Posts