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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Metals & Mining Industrial Metals & Minerals
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

Lucara Diamond Corp
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Post by Juniortradon Jun 22, 2017 2:04pm
196 Views
Post# 26393650

I'm out

I'm outLife's too short to wait for this lagard to move. Sold the other half of my position today and moved on.
After I sent an email to IR a couple of days ago they replied that I should take in consideration the DIV that is pay and if I do not understang the Diamond business, I should not be investing in it.
They are right about one thing - i don't know much about the business, but the DIV at 3%?? How many stocks you want me to mention that pay 6 or more with much more growth potential.

I usually don't give any advice because I'm not qualified, but look at AZ mining.

For those that stay invested, I honestly wish you the best of luck, but if something really good happens I will be kicking myself.

Cheers,
Bullboard Posts
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