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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 KingFoxon Nov 05, 2021 3:33pm
206 Views
Post# 34093788

RE:RE:RE:RE:RE:This is frustrating

RE:RE:RE:RE:RE:This is frustrating and, do tell what your "answer" is.

I agree that Clara, after having been already sold once by ET, will likely and hopefully soon be sold a second time by ET. (I have never been a fan of LUCARA buying this entitey from ET et.al., but am willing to eat my words, as I have been proven wrong on the surface, but it has yet to pay any financial dividends). IMHO it appears that to continue to grow in scale and acceptance, CLARA will need to get out from under Lucara, and that looks like sooner rather than later, re: your ET comments. Maybe being sold/held by a group of producers equally.

What is disconcerting to me is what was highlighted by the recent poster. A great quarter that clearly puts us in line to crush top line guidance of $210M, and no movement in SP...... ZERO, ZILCH, .......

I think I'm just pissed bcz I took down another chunk of shares prior to the release expecting a good quarter, getting a great quarter, and I'm no better off !!! Clearly Q4 is also going to be good with the Sethunya payment coming in, but after this SP response, it's unlikely to matter. 

I don't get it. 
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