Luca Mining Corp V.LUCA

new interview

[okgonow]

all sounds very positive going forward!

https://www.kereport.com/2024/05/23/luca-mining-production-development-and-exploration-updates-at-the-campo-morado-and-tahuehueto-mines/

[okgonow]

asks down we may move north today with any volume

[okgonow]

going the wrong way !!!! it those warrants that are killing us I think .....stil;l some overhang left and the azz..hol.. are selling into the bid and with the low volume we get hammered

[diggin78]

   That was an encouraging interview. In some was Campo is the bright spot with the dramatically improved recoveries for such a small investment, but the excitement right now surrounds Tahuehueto. A brand new mine with "high grade, thick veins" and the recent discovery on level 23 demonstrating "continuous mineralization" in the words of Perez, sounds really good. I

[diggin78]

    I checked the Empress website and the deal is 20% of the offtake cash price for the first 1.25 million ounces, then 20% of production at 20% of the offtake price up until 10 years after initial production. Still a good deal for Empress, since they would get 7.5 million dollars for the first 1.25 million ounces if silver averages 30 dollars plus whatever the remaining 20% of 20% of