re: Ann: Lucapa Drills Highest Priority Diamo...
I really like the look of this.
Today’s announcement is a stone winner IMO as it clearly exclaims and re-affirms holders that this is heading in the right direction. Which was/ is my primary concern. Fantastic news for the company!
They said they have plans to process larger surface samples excavated from se251 through the 50tph DMS plant, which is expected to be commission on site in the next quarter.
Been on the phone to someone who knows a thing or two about diamonds (which is not me!) and I’m fairly encouraged by his thoughts on this company. However we are both not quite sure how long it would take roughtly to process the kimberlite and alluvial samples through the DMS plant once they can, any views on this? Am prepared to set myself up for a medium term hold. Company said they plan to have the plant operational sometime in the next quarter so only really a rough timeframe provided for it at this stage.
Unbelievable the Share price only at .009 based on the potential of this little company and who’s running it. I won’t be in the que at .008, I will be in tomorrow at .009. And will likely accumulate much more. Till June at these prices would be great Treasurehunter ;)
“Drilling completed over the past few weeks has confirmed that Se251 is a Kimberlite – and is potentially the largest Kimberlite identified to date within the 3,000km Lulo concession with an estimated surface area of 150 hectares”
“Significantly, Lucapa’s alluvial bulk samples BLK02 and BLK03, which both produced significant alluvial diamond concentrations lie within se251”
LOM Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
