OTCQX:LVNVF - Post by User
Post by
cypress44on Jul 21, 2014 9:12am
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Post# 22764874
LVN predicament, what to do
LVN predicament, what to doGeo political jitters are hardly having an effect on silver but that could change, however gold tends to be the gainer with misery and considering the gold/silver ratio has been slipping (45-59) for the last few years, silver may not react as anticipated. A silver slip below $20 is still there, so again zinc is the bonus with LVN.
With no news and recent pump and dump, LVN could drop below 30c which puts them in a predicament - when to release the final resource assessment with maximum effect, in a lacklustre mining sector, record stock market highs (bubble), global issues and manipulated share price?
LVN will have to move the share price well north of $1.50 get a base for a potential bid, which will take a long time as shareholders drift in and out. Interestingly it took 3% of total outstanding shares to move the price 50%.
LVN will also look at a partnership, which will impact share price progression due to the lag in actual production timelines / expectations as opposed to the faster hit of a takeover.
Onwards and a little upwards!