Levon Resources Ltd (New) LVNVF

RE:Observations From Tallestdude

[tallestdude]

Nothing to share, Bunje, as I recall saying I'd fallen for PGLC FROST IS IN THIS, mgmt line since 2011 in PGLC.  Or did you miss that part?

I'm not a macro guy as you seem to be. However, I do know metal prices have been manipulated. Yup, since the first fat finger on the water scales back in Caveman era.   PM's have always been manipulated. 

Here's a thought...don't look at Frost-Honig through LVN's eyes.  You'll preserve your speculative capital much easier that way.

Here's another thought.  The $40mil on the LVN books could have been used to buy-back shares....that's what IBM, and everyone else and their brother is doing to enhance shareholder value in periods of low revenues and low earnings, down stateside.  Now THAT would have made shareholders sit up and take notice instead of this brownfield scheme, or waiting on Mexican Cordero Silver to work out.

Now THAT would be Ron looking out for shareholders for real, and not his and his cronies paychecks, options and bonuses.  Then I would have even applauded LVN and looked forward to their next real project instead of the busted buy and flip model, which needed a 43-101 and PEA to make all nice and pretty for flipping to another buyer, which has not materialized.

It is my opinion that LVN and dozens of others with stale million$$ on their books and current/internmediate term dead money future due to low prices, look at return of capital instead of return on capital, until rock and roll PM' pricing power times return, IF and when it ever does.