OTCQX:LVNVF - Post by User
Comment by
NorthTeaon Dec 04, 2011 10:36am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
360 Views
Post# 19290267
RE: let's say.....
RE: let's say.....well said inverstergate...i think the doubt creeps in with a lack of news/disclosure. as you know from gartman if you read him...confusion creates contempt in the market and there is confusion caused with a lack of news. that said when you remember the fundamentals of this project/company it is hard not to be excited by the following: 310m ounces silver, billions of lbs of zinc & lead, excellent mining jurisdiction, $63m in the bank and only burning $1m/month, massive land spread (much larger than penasquito), more zones than penasquito, silver running at near term highs, good fundamentals for precious metals (specially when - not if - the europeans start printing and the americans print again), 130,000m drill program underway - more than double the size of all previous drilling will only cost approx $25m, some real institutional interest in the company.......the only reason we are trading down from the last financing is because markets suck, guys like pinetree blew out close to 8m shares over the summer/fall becasue they were probably overleveraged and had margin calls, retail getting antsy....if this were a private company we would all be revaluing upwards on our books because the fundamentals point higher....but the shlock market points us lower....good arbitrage here for real long term investors.