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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 Oct 30, 2024 7:40am
42 Views
Post# 36288247

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Set to mine

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Set to mine

I agree although after our 10% day we did hit a new 52 week high on decent volume one would think we should of held on to some gains yesterday ( I chalk it up to non investors that bought ito the life shares or others that exercised their warrants  selling for profit) with that being said hopefully the shares ended up in stronger hands to people that see the value of holding shares as we are still very undervalued. With the short term positive catalysts ramping up of both mines mining more efficiently with new contractor separation of gold silver and copper better recovery's in general and then of course positive drill results and expanding resource at both operations. And finally POG going up 

as I mentioned before any sales of shares below $1.50 in the next 3 months is giving shares away. 


and next year with execution of all of the above and POG at let's say 2800$ ( actually think it will be higher but who knows) a fair valuation of $3-$4 per share is not unreasonable.

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