Luca Mining Corp V.LUCA

with

[okgonow]

2024 forcast production of between 60-70k oz gold equivilant this year they will just be raking in cash

on the low side: 60k oz of gold at an average of $ 2000 per oz = $120,000,000

on the high side 70k oz of gold at an average of $ 2350 per oz= $164,500,000

LUCA's market cap as of this morning $75,470,000


goal of 100k oz goal going forward


my short tearm (3 months) price target is $1.00 per share

[diggin78]

I'm not aware of any other miner with as small of a market cap that has 2 producing mines. Luca is the most undervalued mining company I can find. Please someone inform me if I'm wrong on this. As long as they can deliver production remotely close to their projections, I think we are in for some serious upside. $1.00 could be coservative, as long as the metals prices stay where they are.

[GoldfingerU3O8]

I believe in 60 K Gold equivalent and POG of 3000 Dollar at the end of the year. If this happens, they could make a profit of 60 Mio. The market cap is still at 75 Mio today. This could be a rocket but right now all my gold stocks do not reflect the price of gold. I wonder, when the market awakes. I don't understand this bitcoin hype. These are only a few bits on a computer, which are

[okgonow]

  yes golden... I totally agree as a safe haven bitcoin certainly does not fit the bill . No power no device or whoever you want to exchange with doesn't have a wallet or if there is no internet connection you are screwed. lol    it's like how many people rely strictly on using their bank cards or credit cards for payments and don't have even a minimal amount of

[okgonow]

POG ready for a $2400 close today ?????????

[diggin78]

Looks like someone doesn't want it to stay above there for very long.

[okgonow]

CIBC selling into the bid with volumes like this its pretty easy to keep it down heres hoping Q1 will change all that!!!!!!!!!!!!!!

[okgonow]

Man if we ever get any decent volume this thing is gonna fly!!!!!!!

[TheRexmember]

Not too many posters on this yet. Some patient money that bought a lot during the financing last year has aggressively added to their position recently. Given his trading history this is going to increase the eyeballs on the company. How did you guys - OK, Diggin and Goldfinger come across this one? To me this s a very simple bet now. Here is a point by point summary for me. Please point out

[diggin78]

     I think that's a pretty good summary of the history, but others who have been invested for longer know a lot more than me about the challenges this company has faced. Luca came to my attention only last summer during an interview I heard with a Chinese mining investor. Can't remember his name, but he recommended two companies, Luca and Cerro de Pasco in Peru, which is a

[TheRexmember]

That would be Chen he has a newsletter What is Chen buying... 100% they have to deliver for real money to be made. One thing I am not sure about is how long after production does the money show up. Or how much of a delay is there berween shipping ore and receiving a cheque. Do they realize higher metal prices immediately or is there a multi month delay?  FWIW I keep checking in on

[okgonow]

I have been holding and buying Luca shares for over 2 years been through all the disasters and misses as far as the constant delays the lender fiasco and then all the pressure of the cheap pp,s and then the unending sells into the bids driving SP into the basement. Ralph (CEO previous to struthers) was a nice guy but self admittedly not a good operations guy. When they hired Struthers there was a