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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

Comment by bunjejumpon Jan 11, 2017 3:32pm
134 Views
Post# 25695738

RE:Inching up again

RE:Inching up againHi Gheet. Yes, i am still around and holding firm to my position. Everything about this stock turns on the prices for the resources they own. Until there is a return of these commodiites to higher prices, we are likely to remain in the current trading range. They don't want to waste cash while prices are low. They do have a drilling plan to better define and expand the size if the Cordero resource and are continuing to seek the necessary approvals so they can move when they believe the timing is right. One thing is certain, they are not going to sell out cheap in a down market. They believe that they have the becessary resources to ride out the current market conditions for silver and zinc and gold so that when they do find a buyer of JV partner it will be on favorable terms and conditions for all of us who are shareholders.
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