Levon Resources Ltd (New) V.LVN

managing a tricky situation

[cypress44]

While US/major exchange share prices have been rising (albeit on shaky ground due to QE and low interest rates) silver has been the worst performing precious metal as an investment to date and as it does not give a yield, investors are cooling on it and industrial usage is not taking up the shortfall.
 
With deal activity in 2013 and M&A activity down a third year in a row, LVN shareholders are in a tricky situation as management has the cash to wait out for an acceptable bid (as they see it) that may never come, and we sit there with money tied up with no real return. As I have said before zinc is as important as silver for LVN, as someone else said, getting the mine started will take time, time enough for others to come online should metal prices move.
 
To alter this precious metal stagnation, there will need to be a significant geopolitical (Ukraine issue has hardly set gold alight) or financial event. The fact that company profits have NOT gone up relative to share prices hints at bubble territory and there may be QE in the EU, both could be triggers. In addition there is less mining exploration due to perceived capital risk, so potential shortages down the line, what timeline this may take effect who knows, but silver won’t be going over $30 anytime soon!
 
Onwards and sideways.