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 > Precious Metals & Artificial Intelligence

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Post by MarketMakerss on Jun 20, 2024 4:13pm

Precious Metals & Artificial Intelligence

Amid the burgeoning industrial demand for precious metals in the upcoming year, the rapid expansion of artificial intelligence has significantly intensified the need for semiconductor chips. These chips, integral to advancing AI technology, require substantial quantities of precious metals during their manufacturing process. (Source: https://www.reuters.com/markets/commodities/ai-boom-could-feed-precious-metals-demand-metals-focus-2023-10-25/)

Located at the convergence of the artificial intelligence and precious metals market, LUCA Mining (LUCA.v LUCMF) provides significant leverage as it produces gold, silver, copper, zinc and lead at two separate mines - 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 at only a $77M mcap: https://www.reddit.com/r/Canadapennystocks/comments/1dj3ab0/luca_mining_corp_lucav_sets_ambitious_targets_for/

Posted on Behalf of Luca Mining Corp.

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