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Levon Resources Ltd (New) LVNVF

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

Bullboard Posts
Comment by NorthTeaon Feb 09, 2012 8:57pm
282 Views
Post# 19513126

RE: RE: RE: CURVATURE

RE: RE: RE: CURVATURE

the "market" has totally misread the recent p.e.a. -- ive spoken with a few bank analysts who will go unnamed -- all were very positive on the report given it is PRELIMINARY.

 

i really wanted to comment on people's speculation that the updated resource will be double the original 43-101 --- from what ive read, Ron T. has gone out of his way to let the market know that it will not be the case -- the most recent drilling that they have done on cordero has been delliniation drilling -- so we should all expect them to have hit some dusters --this is what happens when you are mapping out the boundaries of the deposit. remember - they are drilling in such a way to prepare this for one of the big boys, so mapping is important. while i expect this deposit to grow massively over time (easily could be 2-4 times larger than it is), I think it is unwise to expect big things from the next report...and i am no prophet...i just read what ron has to say in the interviews he has given in the past week or so.

 

by the way - anyone else feel like there is a big seller keeping us down...very strange that we are not over a buck considering where silver is...and is going

Bullboard Posts