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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Post by StocksLynxon Mar 22, 2015 7:10am

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Post# 23548171

Why bought Levon and not Opko?

What I don't understand is, why did Frost let Levon buy a 31.6% stake in SciVac for $27 M?

He could also have bought an empty shell or the cheapest NASDAQ stock, inject $ 27M of his own money and then buy 31.6% to his own?

I'm aware that Dr. Phillip Frost owns a chunk in Levon (is it 10%) and may buy more Levon, which gets him both SciVac and Silver in the ground.... I'm also aware that Levon owns 10% in Pershing which in turn is owned 17% by Dr. Frost.

Are Phillip Frost and Ron Tremblay friends or what is the reason?
Might Dr. Frost plan to buy more current Levon shares now and/or after Levon became Scivac??
I don't understand why Ron Tremblay is so confident that this is a great deal and if Ron is so confident why are not others - like Dr. Frost - as confident any buy into SciVac....???