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Bullboard - Stock Discussion Forum 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... see more

TSX:LUC - Post Discussion

Lucara Diamond Corp > You Have to Think
View:
Post by Yoda1955 on Dec 27, 2020 3:41pm

You Have to Think

The spillover effects of Covid will be great for Clara. I believe travel to diamond producer "sights" is a thing of the past pushing producers to embrace Clara as venue to use modern technology to showcase and sell their best diamonds, currently 10.4 cts or less. Clara cuts out the middleman and offers the purchaser/polisher the ability to buy diamonds that meet their needs. If this comes to fruition, Clara's margins will be high. It is not beyond the realm of possibility that Clara could see sales in the billions of dollars. May the force be with you and Merry Christmas. Yoda
Comment by tadjames1 on Dec 28, 2020 11:11pm
Thanks for posting, Eira....oops I mean Yoda. Nice sales pitch on Clara.
Comment by Gerrywerry on Dec 29, 2020 6:42am
What the pandemic will do as far as Clara is concerned is speed up the answer to the question " will cara be successful "  if we don't get huge pick up in Clara business in the next 6 months it will put a big question over how successful Clara can be . Let's hope it works!