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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

Comment by tadjames1on Nov 25, 2020 12:20pm
105 Views
Post# 31970292

RE:RE:RE:RE:Borderline trolling duo

RE:RE:RE:RE:Borderline trolling duoGerry, there were many mistakes but imo, the dividend was the biggest one. Remember how they bragged about Lucara being the first Lundin company to pay a divi ? Well, if they would have those cash reserves now, the share price would be much higher. Now, they are basically broke. Look at last year's revenue vs. net income and it's pathetic. It doesn't matter how much you make but how much you keep in your pocket. Eira Thomas is the figurehead of the company and I disagreed with her hiring of all her old pals plus taking an huge salary when the lady is already wealthy. A complete failure imo.
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