Lydian International Ltd T.LYD

Primary Symbol: LYDIF

Metals & Mining Gold

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

Lydian International Ltd

Bullboard Posts

Post by flayeron Sep 07, 2012 1:00pm

181 Views

Post# 20333087

Potential Suitors......

Despite this short term weakness in the share price, LYD does have an end game - focusing on the short term is a tad myopic imo. Now that the BFS is out there, potential suitors should become more aggressive. Any producer that is looking to lower their production cost base is a likely candidate (that includes nearly ALL mid-tier producers). As well....any producer that is looking to diversify into a less risky political region (CG or Polyus).....any producer with projects nearby (ASR, ELD and AGI have projects next door in Turkey), etc. I believe LYD's days are numbered and would be surprized if it survived the remainer of the year.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario