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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 Jul 30, 2017 2:17pm
244 Views
Post# 26526638

RE:Haven't invested yet

RE:Haven't invested yetThis isn't a penny mining stock.  I will go on record and state that Levon will never actually mine any minerals out of Cordero.  Levon is an exploration play.  They will explore the land package and once additional favourable PEAs are cranked out with a shored up resource base they will become a takeover target.  Investors will earn in the run up during the bull market cycle in conjunction with an increasing resource base.

Actual mining stocks are a HORRIBLE investment and I stopped investing in the producers/seniors.
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