Levon Resources Ltd (New) V.LVN

Primary Symbol: LVNVF

Metals & Mining Industrial Metals & Minerals

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

Levon Resources Ltd (New)

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Comment by NorthTeaon Jan 13, 2011 12:46pm

200 Views

Post# 17966498

RE: RE: RE: RE: NEWS OUT

I read it differently....first, this was never going to be a story about rich veins and high grades -- this is a low grade bulk tonnage type play. The grades seem consistent with past grades -- and they have expanded the deposit and have intention of further expansions. The results are based on 3 drills -- now 5 are going so we will likely have a larger deposit in the future. They are using $15 silver here....so upside is considerable.

I am not an "expert" though...and would also like to hear from someone who can read the details.

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