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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 aberlangaon Jun 09, 2022 11:15pm
164 Views
Post# 34746040

RE:RE:RE:RE:RE:Q1 on sedar

RE:RE:RE:RE:RE:Q1 on sedarHello, good recommendation Spike, the problem is the minimum interest in the company, which is reflected in a very low volume. I like ATLY for the quality of its properties, what I don't like is how it is being handled and the poor results delivered.  I publish for shareholders to demand results, since it is costing us all their mistakes and lack of compliance.
One additional example of non-compliance and dubious news released on May 16, announced "Altaley Mining Initiates Mining and Milling Operations at its New Tahuehueto Gold Mine", however until today, after more than three weeks of this transcendental news, have not reported anything, we do not know how much ore have processed, how much concentrate have produced and most importantly, how much concentrate they have sold, so generates doubts and  the share and the company loses value.
To those who are going to say thatit is very little time to report results, I remind that 11 toll mill campaigns where carried out, with poor equipment, but the same day that the campaign began, there was already production of concentrate and on the third day it was being sent for sale and 10 days  later was released the successful result.  In fact, there were 12 campaigns, the last one carried out by the current management and after 18 months have not reported results either.

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