Lucara Diamond (OTCMKT:LUCRF) Unearthed a 472 carat Diamond

Lucara Diamond (OTCMKT:LUCRF) Unearthed a 472 carat Diamond

Lucara Diamond (OTCMKT:LUCRF) Unearthed a 472 carat Diamond


Lucara Diamond (OTCMKT:LUCRF) recovered a 472 carat, top light brown gem diamond from its 100% owned Karowe Diamond Mine located in Botswana.

“In 2018, mining at Karowe is focused in the high value south lobe, which consistently delivers large, high quality diamonds in excess of 10.8 carats in size,” said CEO Eira Thomas.

“The 472 carat is the third largest diamond ever recovered from the mine and will be sold alongside other exceptional stones recovered since the beginning of the year as part of the first exceptional stone tender (EST) later in 2018.”

During Q-1, Lucara Diamond (TSX:LUC) recovered 218 diamonds larger than 10 carats and 4 stones greater than 100 carats.

Symbol Last Trade Date Change Open High Low Volume
OTCMKT:LUCRF 1.59 20 April 2018 -0.02 1.6 1.61 1.57 28,366
HeffX-LTN Analysis for LUCRF: Overall Short Intermediate Long
Bearish (-0.27) Neutral (-0.13) Very Bearish (-0.53) Neutral (-0.14)

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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