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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 Stockintradeon Nov 02, 2023 3:35pm
150 Views
Post# 35714348

RE:Re Q3 results

RE:Re Q3 resultsI don't know that I ever owned a stock with a P/E under 8 that performs as badly as Lucara. I bought at $1.10 and figured to sell about a half after it reached $2. With its history of finding big diamonds, demand for diamonds being consistently high, and the Russians about to get elbowed out of the market, Lucara should have been off to the races, not groveling around a shitty 35 cents. Can someone more knowledgable than I suggest why it's doing pisspot poor and maybe outline short-term prospects, say for 12-24 months? 
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