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.

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Lucara Diamond Corp

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Comment by KingFoxon Jul 17, 2017 10:15am

105 Views

Post# 26475895

RE:RE:RE:RE:RE:RE:RE:LLR - Too big to sell?

If I had to make the call, I'd say partner up, cut it, polish it, sell it, bank the proceeds. Certainly would be a longer process, but at least a path to $$$. Need to make a decision, one way or the other and remove the overhang. If you don't like the price your being offered, structure a deal and take some of the risk for future $$.

Just my two cents.