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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 Jan 21, 2021 12:41pm
139 Views
Post# 32345777

RE:RE:Interesting to see that

RE:RE:Interesting to see thatRusty, it's only worth a few pennies per share. With about 450,000,000 shares outstanding, it does very little for the company. That's gross also. Take that 10,000,000 dollars and subtract fat salaries, overhead, etc and you see the point. 
Lundin's love to issue paper as it's easiest and laziest way but it ends up biting them later. 
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