Levon Resources Ltd (New) LVNVF

Metals & Mining Industrial Metals & Minerals

Levon Resources Ltd is a Mexico based company which is engaged in the mining business. The company is involved in silver, zinc, lead, and gold mining but majorly focuses on only silver mining. In terms of revenue, the organization receives more revenue from their Cordero project. The company restricts itself only in Mexico and does not exports.

OTCQX:LVNVF - Post by User

Levon Resources Ltd (New)

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Comment by bigopson Apr 26, 2011 11:59am

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Post# 18488896

RE: RE: ounces and equivalents and valuation

As always -- thank you very much for your insight and analysis. I also remain confused as to why jennings used 3.50 silver rather than 5.0. silver to value the deposit -- maybe the bank didn't want to be too aggressive in its estimation of future share value and instructed a lower price accordingly. As for the 43-101 I was under the impression that they wanted this out asap and then they will come out with some sort of economic feasibility study in sept/oct...i will try and get some info from the company. Thanks again.

Other opinions/insights are very welcome and encouraged

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