Luca Mining Corp V.LUCA

Alternate Symbol(s): LUCMF

Metals & Mining Industrial Metals & Minerals

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.

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Luca Mining Corp > I don't get it

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Comment by GoldfingerU3O8on Nov 27, 2024 9:32am

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Post# 36333254

RE:RE:RE:I don't get it

From the quarterly report:
"Over the nine months ended September 30, 2024, the Company produced 40,083 oz of gold equivalent.
Total net revenue for the nine months ended September 30, 2024, was US$52.6 million."
If we use an average price of 2300 Dollar for an ounze, my calculator says that there revenue for the 9 month ending September 30 should be a little bit more than 92 Mio. 40 Mio more than they are reporting.

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