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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 > Good time to sell
View:
Post by Skeltic on May 05, 2021 8:15pm

Good time to sell

Now that they are giving the company away to the debt holders it  is a great time to sell, get out while you can. I am so glad I got out last Nov and bought BTC . Run small investors run.
Comment by Gerrywerry on May 06, 2021 2:16pm
How to you come to that conclusion, it's only  approx 200 million being borrowed.  It solidifies our future not destroys it .  Don't blame you for being annoyed .
Comment by Skeltic on May 06, 2021 5:28pm
This is just the beginning I have seen a few Canadian companies get stolen from their shareholders by their debt holders and it all starts like this. Going into debt, then a couple of bad (unintentional)  bad Quarters. Inability to pay the debt, then the shares are reworked to 0$ and the company is given to the debt holders, and shareholders end up with nothing. Sudo bankruptcies. This ...more  
Comment by Gerrywerry on May 06, 2021 6:48pm
If we didn't have to take on debt we would be in a much better position but unfortunately historical lack of planning has us where we are . ThAt being said the debt is relatively small and should be easily serviceable so I wouldn't be concerned about it . We are a pure play on the future of the natural diamond industry and if that industry recovers we are in a strong position to benefit ...more  
Comment by Skeltic on May 06, 2021 7:30pm
Maybe you are right, but we made 22mill before taxes, etc, the previous poster wrote 3.4mil. This is supposed to be a good quarter. We will need to spend north of  1 billion when all is said and done.
Comment by divime1 on May 06, 2021 7:39pm
Skltic said " I am so glad I got out last Nov and bought BTC "  Now you say " we made 22mill before taxes " So which post is a lie ?  You can't be a WE when you sold . There's a good chance you never owned any in the first place . Now run along before you make a bigger fool of yourself .
Comment by Skeltic on May 06, 2021 9:24pm
F off loser. you know what I mean. People like you are why the internet sucks. I was a shareholder for years and years. until I sold. So yes I am out so I guess it isn't we, it's you you fing dumb a5s
Comment by divime1 on May 06, 2021 9:50pm
You sold at a max of .57  in Nov so you missed a 50 % gain. That makes you the loser and a sore one at that . That's why you're crying like a baby . Now run along little fella . https://www.stockwatch.com/Chart/Advanced?C%3aLUC&time=1
Comment by Skeltic on May 07, 2021 12:37am
bought btc with that money, and since then I have nearly regained all the money that LUC lost for me over the years of mismanagement. Speaking of sore are you regretting something in your life or are you naturally like this.
Comment by Gerrywerry on May 07, 2021 3:33am
Agree or disagree with each other but play nice 
Comment by divime1 on May 07, 2021 6:38am
Are you factoring in the 50 % gain you missed on LUC since you sold in Nov .  I have sold several stocks that went south . No one is perfect . The difference between you and me is I took the loss like a man . It been 7 months since you sold and you're still crying about it . Even worse you're bashing LUC wishing it goes down and take the shareholders who still own it with it . When ...more  
Comment by Lachine on May 07, 2021 7:51am
This post has been removed in accordance with Community Policy
Comment by KingFox on May 07, 2021 9:41am
Agreed a miss on the bottom line, but a beat on the top line..... not sure what if any news will/can come out of CC but will give it a listen. 20 mins.