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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
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Comment by geodocon Oct 18, 2013 10:44am
184 Views
Post# 21827069

RE:uh-Oh

RE:uh-OhCanadian funds like ITG corp, which by itself  dumped on thurdsay close over 50K in a few minutes  and cleaned up the bid side down to 64c, need to use their money to trade in more profitable areas.
These funds are trading funds. They are not retail investors like us. They don't give a damn about taking 50K loss. They won't wait 2 years and anyway window dressing is already happening. That's why the rebounds are being sold. The CEO said how shocked he is by this behavior, but what can he do? Be patient, scale in your bids and stay centered.  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities