how about a P/E of a number any number. after GE's reverse split it still has over a billion shares but it could get back to the Dow Jones Industrial Average someday. LUC has the same chance to get back to the TSX index at above .50 cents per share.
S
to joe Bronx earning 05 cents versus 50 cents. would you rather have a stock that earns 50 cents per share and sells at $10 or a stock that is selling at .50 and earns a penny. bring it down to 50,000,000 shares.
R
We are now waiting for the underground shaft to be excavated When it’s operating there should be a return to the days of massive stones and vast profits However it’s going to be a long wait Mrs Thomas meanwhile keeps raiding the cookie jar. If she ever buys in again then you are certain that she is sure of big rewards until then zzz 💤
S
how do you get LUC to do a 5 for 1 reverse split? a 10 for 1 would be better, but, that would be a miracle.
G
Okay now is the time for Lucara to shine with Shiny rocks prices going up
J
Presentation: Lucara Diamond - 121 Mining Investment London November 2021
LUCARA actually turned a profit for the quarter - result? Stock skyrockets $0.005, or one-tenth of a nickel! Perspective? It would take 10,000 shares to buy breakfast for two at Cracker Barrel! Bernie Madoff, you have competition....
F
Town Hall announced for 11/23. Let's speculate about the talking points.
My assumption is an overall positive conversation but nothing earth shattering:
Continued Clara success and expansion. Signs diamond industry has bottomed. Large diamond discoveries in 2020. Cash position outlook based on partnerships.
What I fear is an announcement that results in dilution.
r
Does this company still pay a dividend? It says on yahoo it doesn’t, but it also says that for many other companies ?
A
imo... you dont buy this for the div, which is now gone, you buy it because they have a mine with a history of producing very large and valuable gem quality diamonds. they are also at the beginning of utilizing the technology to do so more efficiently.. its a spec buy for sure, but the potential for them to find very valuable stones which translate into very large sums of money is great, imo.
L
Clara honestly is a very lucrative and smart investment by LUC. Many companies are trying to bring the diamonds to market like gold is. but with diamonds is a very hard and different ball game. Its nice to know they are basically doubling their customers on Clara every year. Probably very big profits or at the least big volume will be moved by Clara. I wouldn't be surprised if Clara is one of the top Diamond Trading platforms. does any one know of other Clara like options out there like the Clara Platform? or do they even exist?
Z
They just need to show revenue and FCF, which they will. Be patient here Bernie!
W
Good Q3 results what the expectations for the price react
J
LUCARA reports quarterly profit, believe it or not, but Lucara stock TANKS! The only thing that causes share price to crash even more is the discovery of huge diamonds- you do remember what happened last time big diamonds were found, don't you?
F
Lucara Diamond just announced the discovery of a 998 carat rough diamond:
Forbes 11/11/20: "A 998-carat rough diamond was discovered in Botswana in the Karowe Diamond Mine owned and operated by Lucara Diamond, a mining company that specializes in unearthing large diamonds. It could be the fourth largest gem quality diamond ever discovered."
W
Highly recommend stock. Just got in. Insiders like it at a lot higher price how can you go wrong.
J
This company is soooo undervalued. A true diamond in the rough, while ironically also being one of the finest diamond mining companies in history (perhaps they finest). I suspect there may be a catalyst coming up as a result of the business model shift last year (instead of selling in the opaque wholesale diamond market, they're getting a cut (pun intended) on retail sales of large premium diamonds via HB Antwerp and Loius Vuitton. The two super large diamonds from last year (like some of the biggest ever mined) haven't been sold yet, right? So as those two big diamonds sales come and HB sells 2020's production, we may see some surprisingly good quarters. Also seems like a great company from a community perspective, country risk ok. My guess is $2 at some point sooner than later. Nice to able to find a good company that isn't grossly overvalued for once.
F
CNBC 10.12.21: "Consumers are splurging on diamonds. Signet Jewelers just hiked its full-year outlook — again".
J
Look at this stock's chart. Even Bernie Madoff would laugh at this one.
A
Check the recent Bloomberg article on the rough diamond market... things are very HOT right now.. debeers marked up prices by 5 to 10% then their siteholders resold those for 5 to 10% more... great news for this company.. large diamonds are also very much in demand
Mrs Thomas meanwhile keeps raiding the cookie jar.
If she ever buys in again then you are certain that she is sure of big rewards until then zzz 💤
https://twitter.com/aktienboersen/status/1471223103359434760
My assumption is an overall positive conversation but nothing earth shattering:
Continued Clara success and expansion.
Signs diamond industry has bottomed.
Large diamond discoveries in 2020.
Cash position outlook based on partnerships.
What I fear is an announcement that results in dilution.
Forbes 11/11/20: "A 998-carat rough diamond was discovered in Botswana in the Karowe Diamond Mine owned and operated by Lucara Diamond, a mining company that specializes in unearthing large diamonds. It could be the fourth largest gem quality diamond ever discovered."