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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 smoking81on May 20, 2020 1:48pm
87 Views
Post# 31052274

RE:RE:RE:RE:RE:RE:RE:RE:RE:IKN - Eira Thomas

RE:RE:RE:RE:RE:RE:RE:RE:RE:IKN - Eira ThomasBlockchain is mostly useless for anything other than an exchange of value. It is too big and cumbersome for anything else that isn't protecting itself.

I agree that it is good for an exchange of value and provides a transperant way to do diamond sales that incorporates online trust. This is exactly what Clara is doing. I also agree that it is too cumbersome for small scale. If Clara grows this it becomes is the most efficient solution to sales and will take over. The main key is getting most of the global sales volume to make it economical. This requires lots of hustle and deal making. Right now is the best time to invest heavily in online sales. If Lucara is not willing to make it happen, maybe they should sell their technology to DeBeers. Blockchain is not going away and will only get more efficient. Diamonds are the perfect item for blockchain because their are not too many quality variables and Lucara have the grading solutions that people trust.
Bullboard Posts