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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 > 100K Oz gold eq production next year! big numbers small mcap
View:
Post by Alexandchoy on Oct 01, 2024 4:06pm

100K Oz gold eq production next year! big numbers small mcap

Aiming to ramp up production to 100K GOLD eq Oz in 2025 at two producing mines

 

At $2685/Oz Gold spot price that’s $268M in revenue per year. Current mcap is $77.21M

 

Multi-mine strategy ensures long-term production growth

At $0.45 after sell off from recent raise this looks good.

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