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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 okgonowon Sep 04, 2024 9:15pm
76 Views
Post# 36209123

RE:RE:reserves

RE:RE:reserves

666999 wrote: It does NOT matter, investors are looking at past production, earnings, dilution, 1,2,3,5 M Au oz eq it does  not matter, look what disaster is at AG, then look at SIL with only one mine and 1M Au oz reserve and compare their mkt cap, low AISC, good earnings, no dilition, this is WHAT matters, hope mgmt will be smart, after all they have their skin in the game, new ceo is so so, he is not from mining industry, it would be better if previous stayed as ceo, but maybe he makes some good deal, I have bought shares because low mkt cap and cos potential is big, I do not care how much is resource, once things get going, cash starting to flow, everything will be easy, and looking good, most mgmt in mining. industry, especially junior sector does not care for investors, spending etc, so thats why it is not attractive for investors, follow great mgmt and you will make money, simple

 

I agree that a guy like Struthers was best for Luca to bad he didn't stay he was a operations guy that got the company on track. I think we would be at full production if he was still at the helm...but water under the bridge. 


All I can hope is that he installed an operation team that will take it all the way and the new CEO has a big enough Rolodex in the financial world to finally get some institutional buyers and get our little gem of a company noticed!!! 


tic tic tic toc

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