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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 11:56pm
113 Views
Post# 29787527

RE:RE:RE:RE:RE:Initial take on the merger

RE:RE:RE:RE:RE:Initial take on the mergerDiscovery is part of the Oxygen group of companies (Pure Gold, Liberty Gold, etc.) and they should have a better pipeline to financings.  Levon was going to struggle on its own and this brings them some stability.

I would think that Cordero will replace Puerto Rico as the new flagship property of the combined entity.  If any of the 3 drill-ready properties that Discovery has turn out to be anything special, the combined entity will be chock full of resources.  The more resources that get added makes this a more attractive buyout target long term.
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