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Leviathan Gold Ltd V.LVX

Alternate Symbol(s):  LVXFF

Leviathan Gold Ltd. is a Canada-based company, which is principally engaged in the acquisition and exploration of resource properties in Victoria, Australia. The Company’s projects include the Avoca and Timor Projects. The Avoca and Timor projects comprise approximately 223 square kilometers of exploration tenements within the Victorian goldfields, approximately 180 kilometers northwest of the state capital of Melbourne. The Projects are served by modern infrastructure, are accessible via paved roads and fall approximately 100 kilometers from the regional cities of Bendigo and Ballarat, both long-established centers of mining services. The Projects are located within an area of the Victorian goldfields, the golden triangle. It has also discovered Fosterville Gold Mine near Bendigo, which boasts reserves of 1.70 million ounces at an average grade of 23.1 g/t Au, including 1.16 million ounces at an average grade of 61.2 g/t Au 8.


TSXV:LVX - Post by User

Post by Linemineron May 19, 2021 2:01pm
150 Views
Post# 33231012

Brainer - great read !!

Brainer - great read !!My guess - is that if they wish - out of 9,000,000 shares - if they have 1/2 million in "public float" and meet some working capital requirements - etc, etc - that should they (LVX) wish !! They could take themselves out of tier 2 status !! And release - we the stockholders from the escrow conditions - making all our shares "free trading" --- I'm holding - absolutely - Timor and Avoca are exciting prospects - the LVX management is also positive - just don't like the exchange rules --- and the soonest that LVX can get out from under them will be beneficial to both the company and you and I as investors !! Gotta meet that 500,000 share rule - maybe be realized on the next escrow release !!
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