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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 flayeron Dec 22, 2012 3:48pm
160 Views
Post# 20765776

RE: capitulation 1.96?

RE: capitulation 1.96?

This weakness is pretty much accross-the-board, with a few notable exceptions. I'm not bettiing on it, but next support for this stock is a downtrend line that (depending on how sharp your pencil is) lies around $1.63. Beyond that a buck-fifty or so. Most of this weakness can be applied to year end position squaring by Funds......noting the huge after hours volumes on quite a few stocks in this sector.

 

Kayak winterized Roz. Bidding on some serious Mukluks on eBay too.

Bullboard Posts