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Bullboard - Stock Discussion Forum Luca Mining Corp V.LUCA

Alternate Symbol(s):  LUCMF

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... see more

TSXV:LUCA - Post Discussion

Luca Mining Corp > Doesn't Make Any Sense
View:
Post by Spikearoo1 on Feb 17, 2022 12:06pm

Doesn't Make Any Sense

That this company is still trading where it is knowing that it finally has positive earnings, gold is up along with the other base metals that ATLY mines for and this share price is so depressed.  Heck even speculative drillers are trading higher than this actual metals producing junior.  
With near term catalists such as 2nd mine coming online within weeks, stage 2 testing for the tailings ponds at Campo wrapping up in 6 to 8 weeks which will allow ATLY to reprocess significant materials to retrieve additional base and precious metals and the possibility of restarting drilling in 2022 to expand resources at both properties...this is extreamly under valued.  

On that note, I bought more today...couldn't help myself.  Sold off some poor performing companies for this one.  

I still don't understand who is selling with all these positive developments on the near horizon...doesn't make sense.
Comment by mahoon on Feb 17, 2022 1:59pm
I would imagine it is mostly the usual suspect listed in SEDI , Enrique Margalef  "Enrique is primarily responsible for Altaley’s corporate development including negotiating and setting all commercial agreements, such as acquisitions, royalty, credit facility and lease agreements." I'm hoping that if he wants to sell all or most of his shares that ATLY will arrange a cross ...more  
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