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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 puma1on Nov 25, 2018 10:56am
100 Views
Post# 29018749

RE:RE:RE:RE:RE:RE:ikn on katusa and LUC (margin calls at $2)

RE:RE:RE:RE:RE:RE:ikn on katusa and LUC (margin calls at $2)
below is an excerpt from Marin's article; i think the goverments in Africa and the manufacturers in Asia may be the real drivers to exploite Clara:


Clara is not just going to be used by the miners of rough diamonds, but also as existing inventory within the manufacturing base. And countries that have state owned diamond companies like in Namibia will see the value chain is improved about 23%. And Clara will clip its fee on every diamond that goes through the platform.

Owning this company is like owning as mall piece of every fracked well in North America.
Bullboard Posts