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4.40%

9.5¢ lucapa diamond company limited

I would argue part of that is due to the unique nature of the...

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repoman23

2,153 Posts.

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17/09/20

08:02

Post #: 47404448
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Originally posted by bj789: ↑

in more than 10 years Lucapa has not found a single, even small, productive diamond pipe.

and they are alleged to be diamond mining experts?

they have clearly demonstrated their ignorance of diamond exploration.

thay have had moderate success as alluvial miners but the main game is clearly well beyond their abilities.

add to that their ridiculous financial arrangements with Angolan authorites and LOM is nothing but an 'investment' basket case.

there will always be those who punt small amounts in case LOM get lucky but the chances of that are truly remote there can't be any who are in the black with LOM despite their feeble attempts to claim they are. - don't bother to post your LOM 'profits' they are merely fictitiuous.

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I would argue part of that is due to the unique nature of the Lulo concession. There are over 300 kimberlite pipes on the concession and statistically only 2% will be diamondiferous. It would appear to me that the unique nature of the concession means there are high quality diamonds practically everywhere we dig but this also makes it harder to find exactly where they came from. I can understand your point of view and frustration though.

LOM Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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Last 9.5¢		Change 0.004(4.40%)		Mkt cap ! $27.46M

Open	High	Low	Value	Volume
9.2¢	9.5¢	9.2¢	$2.247K	24.32K

Buyers (Bids)

No.	Vol.	Price($)
3	3150	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	27423	1

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No.	Vol.	Price($)
2	150	0.094
1	79666	0.093
1	26339	0.092
1	26628	0.091
1	30000	0.090

Price($)	Vol.	No.
0.097	27423	1
0.098	84996	1
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0.105	303897	1
0.110	1024648	7

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