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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

Post by Yoda1955on Dec 27, 2020 3:41pm
210 Views
Post# 32185673

You Have to Think

You Have to ThinkThe spillover effects of Covid will be great for Clara. I believe travel to diamond producer "sights" is a thing of the past pushing producers to embrace Clara as venue to use modern technology to showcase and sell their best diamonds, currently 10.4 cts or less. Clara cuts out the middleman and offers the purchaser/polisher the ability to buy diamonds that meet their needs. If this comes to fruition, Clara's margins will be high. It is not beyond the realm of possibility that Clara could see sales in the billions of dollars. May the force be with you and Merry Christmas. Yoda
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