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Levon Resources Ltd (New) V.LVN


Primary Symbol: 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

Bullboard Posts
Comment by rdwwwon Jul 18, 2011 1:09pm
377 Views
Post# 18842945

RE: LVN Valuation

RE: LVN Valuation

2 - there are some other reports out there for valuations in this area - sounds like a lot of cash, but if you spread it out over 1 or 2 BB tonnes of ore, it aint much

3 - the gold is not (yet) as high as G's, but then they havent hit the bottom of thier gelogic interpretation. One of the majors w a CA has suggested that the gold will come, but not sure if we"ll see it, any major that waits to se exactly everything that this property has will end up paying more for it , that;s not likely to happen.
AQP was taken out for $1BB + after only 6 holes by ABX in late '90's and it was a smart mov eon ABX's part
4 - at the same time that canccord says this , they set up tours all thru europe etc, i suspect they get thier inst's etc in the stock and then we"ll see a proper report on what its worth.

Bullboard Posts