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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 > Spikearoo
View:
Post by tdsb on Aug 17, 2022 5:46pm

Spikearoo

Guzman would not want to unload 50 million shares at these prices unless he was having financial difficulties. Nobody is buying this market there is very little volume, and if Guzman could interest someone like Eric Sprott he might buy 5 million shares but not for what the share price is currently selling at, 17 cents Canadian. Sprott might be interested at ten cents but Guzman won't want to sell at that level, so someone like Chen Lin, or Sprott, or Gentile, will wait him out. They aren't desperate he is. CHEERS!
Comment by Spikearoo1 on Aug 18, 2022 7:56am
Who knows what he is thinking. He is the largest shareholder. The market is cr ap right now for PM stocks but this is likely the best time to accumulate. Wish i could buy more but have lots as is. Anyhow as the company continues to execute its plan eventually the market will reward patient shaeholders.
Comment by audigger13321 on Aug 22, 2022 12:07pm
Spike, I am with you on this one. I am about tapped out, so bought only 10,000 shares. Hopefully, the precious metals markets will change direction, but  am not too optimistic  as long as the U.S. $ is soaring vs. other currencies. Audi.
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