Bullboard - Stock Discussion Forum Luca Mining Corp V.LUCA

Alternate Symbol(s): LUCMF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:LUCA - Post Discussion

Luca Mining Corp > 'Gold Shines Brightly Amid Global Uncertainty'

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Post by MarketMakerss on Jun 17, 2024 4:48pm

'Gold Shines Brightly Amid Global Uncertainty'

Shining brightly amid global uncertainty, gold is seeing a surge in demand as economic concerns and high political risk persist with over 40 countries facing elections this year.

Despite record-breaking gold prices, gold is continuing to see persistent demand, largely with Asian retail investors exhibiting unrelenting enthusiasm as discussed by industry leaders at the annual Asia Pacific Precious Metals Conference. (Source: https://www.tipranks.com/news/gold-shines-brightly-amid-global-uncertainty)

Given this historic level of buying is expected to persist, LUCA Mining (LUCA.v LUCMF) is setting itself up for a strong 2H 2024 with production guidance of 60,000-70,000 AuEq ounces for the full year yesterday - with a range of key 2024 milestones incoming, LUCA is approaching its full production targets. Given the current spot gold price, this is a timely achievement and LUCA will see the benefits of this ramp up later this year: https://x.com/StckMasterFlash/status/1801333920295723125

Posted on Behalf of Luca Mining Corp.

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