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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 crystalmethodon Aug 02, 2013 1:53pm
342 Views
Post# 21646964

RE:steve toduruk on lydian

RE:steve toduruk on lydian
Rick Rule over at Sprott should have been given a chance to at least proof read this article (not that I'm a
big Rule fan). But at least he could've edited some obvious errors including and specifically.....................
"a well-known junior company claiming to have a very high-grade and sizeable gold deposit in Armenia."
Amulsar is NOT high grade - therein lies the problem and the point that our CEO needs to pound into the
heads of those gov't officials that don't understand mining economics. 1 gram per ton ore simply
CAN NOT travel very far......the currently proposed leaching site is about as far as you'll want to transport
said ore (road building/maintenance, fuel, trucks, tire rubber, etc are all deployed at great expense).

Wow, this new SH format blows the BIG ONE! I've got a 'DELL' promo banner blotting out half of my post -
no idea how this is going to look when I tap the 'Post' button.
Bullboard Posts