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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

TSXV:LUCA - Post Discussion

Luca Mining Corp > I don't get it
View:
Post by GoldfingerU3O8 on Sep 02, 2024 8:42am

I don't get it

I know they are paying royalties but it can't be so much: 
Luca produced 13,947 troy oz of gold equivalent. The Gold price was in average over 2300 Dollar in Q2 2024. 
They reported only 18 mio revenue. But with Gold of over 2300 Dollar per ounze it should be 32 Mio revenue. Where is the rest?
Comment by lscfa on Sep 02, 2024 8:59am
AuEq produced 13,947....AuEq sold 10,186...Gross Revenue $24,159.....Net Revenue $18,163.
Comment by GoldfingerU3O8 on Sep 02, 2024 9:45am
Thank you! But what is with the difference of 3761 ounzes Au EQ? 
Luca Mining Corp
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