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TICKER: TSX-V: LUC WEBSITE: http://www.lucaradiamond.com The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates. "Motapa’s clearly speculative. All diamonds are highly speculative because you’re looking for a few big stones. Motapa also has a joint venture model on their properties throughout Africa with large companies and small. They have a project called Mothae, which is near the big diamond deposit near Lesotho. The Mothae deposit is a joint venture with Lucara Diamond Corp. (TSX-V: LUC). Lucara is basically a Lundin company and it has nothing else in it and there’s been a lot of speculation recently that Lundin might simply take over Motapa. Certainly on a risk-reward basis and certainly if Motapa were to ever find economic diamonds, it is just remarkably cheap. As I say, the risk tends to be high in these things, but the potential is also high." (9/2/08) - Adrian Day's Global Analyst,The Gold Report Interview with Adrian Day |