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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 KingFoxon Feb 22, 2019 11:17am
125 Views
Post# 29399756

RE:RE:RE:Comendable results

RE:RE:RE:Comendable results price is always the true determinent, and you are correct it seems to be holding in after the release and more surprising to me after the CC.

On the plus side we have 3 big stones recently found going on the auction block in the next few weeks, and that is a big ph#ck yeah !

However that CC was brutal. Question on security which the company brought up was not at all clarifying (CEO ET), breakage issue only slightly better. CFO on Q4 capex overrun was shocking. Add all that to the addition of debt on the BS to basically fund the dividend and I'm left shaking my head. But that's jmvho.

theSwede99 wrote: Results weren't great and not entirely unexpected all things considering with regards to 2018.  Price action this morning is telling so far....bids are strong.



Bullboard Posts