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

Add To Watchlist

TSXV:LUCA - Post Discussion

Luca Mining Corp > Central Banks Expect Gold Demand to Keep Rising

View:

Post by MarketMakerss on Jun 19, 2024 4:47pm

Central Banks Expect Gold Demand to Keep Rising

Amid a dynamic precious metals market, central banks expect gold demand to keep rising despite already record-high prices. Seen as a risk mitigator and effective portfolio diversifier, the markets enthusiasm for gold continues to increase amid geopolitical concerns and unprecedented economic uncertainty. (Source: https://www.theasset.com/article/51738/central-banks-expect-gold-demand-to-keep-rising)

In producing gold, silver, copper, zinc and lead at two separate mines, LUCA Mining (LUCA.v LUCMF) provides significant leverage to a range of precious metals - Given the current precious metals market, LUCA is on track for a strong 2H 2024 with production guidance of 60,000-70,000 AuEq ounces for the full year: https://www.reddit.com/r/Canadapennystocks/comments/1dj3ab0/luca_mining_corp_lucav_sets_ambitious_targets_for/

Posted on Behalf of Luca Mining Corp.

107