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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
Post by crystalmethodon Sep 24, 2013 5:53pm
460 Views
Post# 21764543

Time frames Tim?

Time frames Tim?
Obviously the market, specifically one or two large shareholders, weren't exactly placated by the contents of the recent Amulsar update. What the NR did say was that there was an agreement that another area COULD be used for the construction of leach pads. What it didn't spell out was any indication of timelines (ie) est time frame for geo-tech drilling, social, enviro studies, etc. And assuming all goes well and that this new area satisfies all those concerned.....est time frame for the completion of an updated FS factoring in the new leach site......and finally.....anticipated date for the final construction permit.

Management would be wise to comment further on these important issues if they're interested in shoring up some confidence amongst current shareholders. Dispell the uncertainty, and the stock will grind out a base.
Bullboard Posts