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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 May 30, 2019 9:39pm
98 Views
Post# 29787281

RE:RE:Initial take on the merger

RE:RE:Initial take on the mergerSelling at the bottom is never wise, so the stock had an excursion down to 7 cents.  When I looked a couple of days ago the ask was at 10 cents.  Based upon the merger details Levon stock is now worth 13 cents USD.

Discovery Metals trades on the Grey Market on OTC whereas Levon trades on the highest tier of the OTC.  Something has to give, I am banking on the combined entity staying on the highest level of the OTC.  You don't want to be stuck in the Grey Market because you never have live and accurate bid/ask spreads on the stocks.
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