GREY:LVNNF - Post by User
Post by
OnDaBallon Oct 15, 2014 12:16pm
251 Views
Post# 23029913
Largest Share Holder of Levon?
Largest Share Holder of Levon?Doesn't this private placement make that group the largest shareholder of Levon? Ron has (had) 10% at 23M shares; Newmont has(had) 9.9%; and now this group has 27M shares or about 11.9%. I know Ron is a pretty savvy guy and has proven this in everything he's done so far, but I don't see the sense in this. I hope Ron is making another shrewd move, but to see my shares diluted by more than 10% does not make me overly happy when we were sitting on more than $40M cash. I guess we go on faith and trust that Ron is once again making a shrewd move for the company. JMHO