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Luca Mining Corp V.LUCA

Alternate Symbol(s):  LUCMF

Luca Mining Corp. is a diversified Canadian mining company with two 100%-owned producing mines in Mexico. It produces gold, silver, zinc, copper and lead from these mines that each have considerable development and resource upside. Its operations include Tahuehueto and Campo Morado. Tahuehueto project is in the northwest portion of the state of Durango, about 250 kilometers (km) northwest of Durango, the state capital, and 160 km northeast of the city of Culiacan, Sinaloa. The project is located about 25 km north of the Topia polymetallic-silver mine, 40 km northwest of the La Cienega gold, silver, base metal mine, 85 km southwest of the Guanacevi silver district, 280 km southeast of the Palmarejo silver and gold mine, and 150 km northwest of the San Dimas mining district, notable for the Tayoltita silver and gold mine. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. It produces copper-zinc-lead concentrates with precious metals credits.


TSXV:LUCA - Post by User

Comment by Spikearoo1on Mar 07, 2022 8:14am
126 Views
Post# 34489449

RE:Price Target

RE:Price TargetAnyones guess. Logically, one would think we should be trading up around 80 cents to 1 buck based on where we were a few yrs back and the company not even being as far along in its progress as we are today. Ralph is suggesting the company will essentially be doubling its earnings when T ahhuehueto comes online yet stock cant even catch a price increase for future potential. I think many juniors are getting attn as long as they are drilling. Since we are not that market thinking is putting a damper. Also a poster said that Enrique guy keeps selling...i didnt see that on insider reports but im not 100% sure. Anyhow lots of catalysts to move this up if it can get more attn. I think we will see more interest once we are on a senior exchange and off the venture, confirmation of ball mill successfully starting and producing concentrate. I would be very happy to see SP of 60 cents with a move to 80 cents by summer and 1 buck by end of 2022. Anyone that can provide a TA outlook would be much appreciated. Cheers and GLTA...
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