RE:RE:RE:What's with the drop?alfino wrote:
they just started drilling won't be "overvalued" much longer trust me
I hope so. I'll be very happy. I'm paying more attention corporately. To have a good comparison term, you could consider NSM.AX. I wrote enough here about this company. Its major shareholder (30%) is... Leviathan Resources, the mining arm of australian conglomerate Victor Smorgon Groip. This one is in divesting process from mining industry. NSM.AX and our LVX.V have the same exploration zone, about same tenements greatness, same mineralization, about same cash in hand value, about same market cap right now, after only 6 months of trading for NSM. Given the divesting interest of Victor Smorgon, Leviathan Gold could swallow very easy Leviathan Resource to earn the dominant position in the very juicy Stawell zone. It maybe takes a Sprott move, to finance the purchase.