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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Bullboard Posts
Comment by Francesco1on Feb 17, 2011 6:53pm
321 Views
Post# 18153978

RE: Any thoughts

RE: Any thoughtsA few thoughts ...

Rick rule loves this company and is a filing shareholder.

Sprott recently merged with Rick's company so they are now one and the same.

Rick believes that Lydian will be bought out some time after the upgraded resource is announced.

Rick feels that the drill results are now fairly predictable (good)

So i guess you can say that Sprott is taking positions ahead of a potential takeover.

Earlier is better than later ...

Frank







Bullboard Posts