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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 Heywood_Silverson Apr 27, 2018 8:38pm
201 Views
Post# 27953184

RE:RE:RE:RE:Halt lifted

RE:RE:RE:RE:Halt liftedIf silver could be maipulated back to $5 ala the year 2000 I may actually believe your forecast about ten cent shares.  The only problem with your logic is that, with Ag miners' cost of production barely below $16, how is it conceivably possible that there would be enough long-term supplies in the market to pick up the slack for all the primary silver suppliers shuttering their businesses?

No, the market and the laws of supply and demand are setting a base level for the price of silver which ruins any ten cent forecasts (even though you made the remark in jest).

If you have enough imagination to conceive the price going ridiculously low, why not look in the other direction?  Silver will hit $50 again before it ever hits $5 again.  You and I both know that......
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