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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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Comment by theSwede99on Apr 08, 2019 2:27pm
74 Views
Post# 29597890

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Shorts dropped 2 Million shares

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Shorts dropped 2 Million shares
baddogrex123456 wrote: Now Now Children 
Please can we have a little decorum dear Oh dear
The entire diamond sector is under pressure at the moment and has been for some months now as we ought to know
Petra has taken a beating as has blue eyed boy of the markets Gem Dimonds All diamond miners have been under pressure becuase of worries about World economic growth. Trade wars that will never be allowed to happen and Brexit
Its out of season for Diamonds However all is not lost Dominium Diamonds was taken out by  private buyers in 2017 a year before the bid it was sitting at $8 and the buy out price ?? Over $14 a share 
Big good quality stones are selling well and the market will come around again
Who is buying high and selling low ??
Thats not how to do it Buy when there is blood on the streets and hold for the wind to blow your way
Warren Buffet didnt make a fortune by hopping from stock to stock .So calm down dear the buyers will return in due course and the sun will shine on your Bank accounts .
What ever has happened to patience? Why is it that eveyone wants it all and they want it NOW

Patience is a vertue



Some interesting insight into the recent situtation at Dominion Diamonds....Eira Thomas chimes in as well:
https://business.financialpost.com/commodities/mining/canadas-diamond-miners-are-in-trouble
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