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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
Post by LRGreturns4meon Oct 04, 2019 9:31pm
171 Views
Post# 30198947

Dividends

DividendsLukas and all initial shareholders have received more than their initial investment back in dividends. Now sure the loss of value hurts, but not as bad for the majority shareholders. The “Lukas likes his dividends” comment was a tell for sure. Remember William sold off a chunk at $4+, so he is really freerolling.
Eira was cashing in all the way through June of ‘16 selling all between $2 and $4. Every sale a 4x or better return. So everyone in management is freerolling. Share price is important to them, but they look at their personal position a lot differently than most, especially those on here. I will have 50% of my purchase price back through dividends with the Q4 dividend. So, I’m red on the line and optimistic. I did take some profit, but I’m still red on the capital line.
Hopeful for more bigs on a regular basis, that should happen in the south lobe, right?
Good luck to all longs.
LRG
Bullboard Posts