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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

Post by cbewon May 08, 2018 1:21pm
265 Views
Post# 27998818

Weakness in Sp

Weakness in SpRelax people. I was able to get some info. from IR on why the sp has been weak lately.  Apparently, a large shareholder is reducing his holdings in LVN ( wasn't given the reason why ) and a deal was being arranged by management to obtain all his shares.  Once this is done ( i was told it would be very soon ) the large overhang on the market should clear and the sp should rebound.  This low sp is temporary and has nothing to do with the merrits of the project.  Nothing to do with management or the firm they signed on to promote the project.  It is what it is so take advantage of the low sp because it won't last long IMHO.
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