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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 nyonion Dec 18, 2019 12:21pm
147 Views
Post# 30468670

This keeps bugging me

This keeps bugging me4th March 2019
 
Interview between reporter and Botswana Minerals Minister.
 
Reporter; "Is it true that there is a diamond deposit as big as Jwaneng that was discovered in Botswana?"
 
Minister; "Yes, there is."
 
Reporter; "Where?"
 
Minister; "No! [All I can say] it’s in Botswana (laughs)."
 
The only known big discovery pending development is the Maibwe project. And that's the point - its existence and location were well known before this interview.
 
So, some (presumably) frustrated diamond explorer/miner is sitting on a massive discovery, which for some unknown reason both the Ministry and the company involved are unable to reveal. The candidates are limited and Lucara must be right up there as a possibility and bear in mind that Eira recently said that they didn't have to go underground at Karowe.
 
What is the hold-up? What is being worked out? Who is involved? Where is it?
 
All we know is that like Rupert Brookes' "Soldier" it lies buried in "some corner of a foreign field."
Bullboard Posts