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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

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Post by KingFox on Jan 09, 2023 9:26am

up 6%

in Sweden and  Morgan Stanley with 900,000 share bids at $0.54 and $0.55 in T.O. 
Don't see any news but clearly I'm missing something.
Comment by Gerrywerry on Jan 09, 2023 9:47am
It could be a bit of bottom fishing
Comment by nyoni on Jan 09, 2023 10:21am
Perhaps something in the wind regarding deBeers/govt sales agreement? Deadline is 30th June.
Comment by KingFox on Jan 09, 2023 10:59am
that's 1 of  2 things I was thinking, the other some kind of sizable find. Volume would seem to indicate something is up. Of course it could also just be someone's 30 day window has opened and they're buying their tax loss back.
Comment by AndersS on Jan 10, 2023 2:08pm
Yesterday there were bid for 900 000 shares at 0.55 when the market opened. Never seen that before. Just guessing but here are some ideas of what could be causing this: 1) Bid (maybe from De Beers or Rio Tinto) 2) Sale of Sethunya 3) China opening up theme related buying 4) Significantly positive news regarding Clara 5) Historic diamond(s) has been discovered  
Comment by nyoni on Jan 10, 2023 3:12pm
6) Clara spin out? 7) Bots govt buying in? 8) New discovery within the fence?
Comment by Gerrywerry on Jan 10, 2023 4:33pm
Or people have realised we are ridiculously Cheap 
Comment by Gerrywerry on Jan 12, 2023 10:25am
Up 3 cents at 9.30 on 13 shares !
Comment by AndersS on Jan 18, 2023 4:22pm
The share continues to look very strong. I still have no idea about what is going on but it sure is something positive.
Comment by Gerrywerry on Jan 19, 2023 3:22am
A decent sp increase and no news release since November , funny how they are so quiet!