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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

Post by tdsbon Aug 17, 2022 5:46pm
225 Views
Post# 34903372

Spikearoo

SpikearooGuzman would not want to unload 50 million shares at these prices unless he was having financial difficulties. Nobody is buying this market there is very little volume, and if Guzman could interest someone like Eric Sprott he might buy 5 million shares but not for what the share price is currently selling at, 17 cents Canadian. Sprott might be interested at ten cents but Guzman won't want to sell at that level, so someone like Chen Lin, or Sprott, or Gentile, will wait him out. They aren't desperate he is. CHEERS!
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