Lucara Diamond Corp T.LUC

Interesting to see that

[tadjames1]

Eira's Lucara really performed well after the find of a 341 CT stone. Good work team and maybe a raise is in order ?

[tadjames1]

Tsodillo is sitting at .61 this morning. Do they have the same assets as Lucara and did they find a 342 CT. diamond ? Asking for a friend...lol.

[Rustyred24]

So why is stock so low if the stone is worth 10 million ?

[Gerrywerry]

Underground development costs , the pandemic, poor diamond prices, to name but 3

[tadjames1]

Rusty, it's only worth a few pennies per share. With about 450,000,000 shares outstanding, it does very little for the company. That's gross also. Take that 10,000,000 dollars and subtract fat salaries, overhead, etc and you see the point.  Lundin's love to issue paper as it's easiest and laziest way but it ends up biting them later.