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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 diggin78on Sep 12, 2024 9:19am
53 Views
Post# 36220043

RE:RE:RE:Barnholden

RE:RE:RE:Barnholden "I understand obviously it would have been better to raise money at 55 cents or 50 cents. We raised it at 45 cents, share price sold off. [However], this company is in better shape than it has ever been once we close that financing."

He cleverly makes it seem as if it would have been difficult to raise the money at higher prices. Now that's a load of BS, but I guess it's something we'll just have to get over and hopefully soon as others realize the value in this company.
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