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Aussie1952

11 Posts.

24/01/17

09:50

Post #: 22095287
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Originally posted by doodledog ↑

Keep givin it your best shot kozzie, that's all you can do.

It seems to be all about words today.

Vague words like Soon and Shortly dominate the talk today.
Until we have more clues from management, we are left to trust our management
to succeed in raising our worth, or move on.
Can’t think of a single mining company more likely to find the jackpot it is looking
for than Lucapa.

We have assembled the worlds best experts in their field and we have sought and
bought every device to help us succeed in finding a commercial Kimberlite pipe to
establish a mine.
We have found 300 kimberlites on our lease, possibly many more to be found.
In Botswana, we bought a small lease with 2 known kimbos on it but a quick
exposure to modern equipment has probably found a third Kimbo that DeBeers
over-looked years back.
4 of those 300 kimbos have been proven to have diamonds.
One of those kimbos, that many experts declare is less than 500 metres away from
the alluvial diamonds we are currently digging up and those diamonds are fetching
the highest price per carat in history.

Even so, the share price has gone backwards a bit.
I too have other shares but I feel this is the company that I predict will supply
future wealth for me.
I figure Lucapa will slowly dial into the source of the high quality expensive diamonds
soon and the giant mining companies of this world all want a proven diamond mine,
preferably one that has the best quality and fabulous colour range as ours.

When they find that source, I will still be a part owner and share in the profits that
are bound to come from a bidding war between DeBeers and Rio etc.
You would have to be really silly to think these big companies are not planning and
scheming in their boardrooms to buy out Lucapa as soon as we prove the location.

In the meantime, its not likely our management will sell the whole lease with its 5
year exploration licence just granted. If DeBeers etc. are going to buy, its because we
have proven a commercial find. Thats the bit we would sell, not the whole 3000 sq
kilometres or whatever.
Plenty of space to explore or drain an Angolan river, explore our lease in Botswana
or our WA property at Brooking.
Steady steady, those diamonds aren’t going anywhere.

Just a matter of time now.

Expand

I to have the majority of my share portfolio invested with Lucapa been here from the start and watch them grow I have great faith in Mr Miles Kennedy

LOM Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
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