OTCQX:LVNVF - Post by User
Comment by
bunjejumpon Oct 28, 2014 3:11pm
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Post# 23068964
RE:Perhaps it's time
RE:Perhaps it's timeBaba, I think you will look back and be sorry that you let this go. I believe that things are going to start happening over the next several months that should drive the price higher and add clairity to the new business plan.
It is a junior explorer company’s dream to have a good deposit, lots of internal cash, solid billionaire investors behind a new game plan and lots of insider ownership. I would expect more acquisitions of undervalued projects similar to the Pershing Gold play. Once the physical silver and gold markets take off, this could become a major winner for everyone. I know for a fact that these guys are all in it to add to shareholder value over the next several years. I think we should all relax and let them do their jobs.
It will be a different operating strategy than the one we started with back in 2010 due to the changes and the manipulation going on in the silver and gold markets. I think the new strategy will be to build up LVN and make it the lead vehicle for their expansion plans. I think we will see a lot of announcements and action steps over the next several months that will define the new direction. We will also see many of the their followers take positions in LVN that will add a more stable base of institutional type shareholders.
I'm not sure how long it will take to realize the game plan, but it is clear that our shareholders position has been strengthened going forward. I suspect we will see more undervalued resource additions to our LVN portfolio which will at some time pay off once the market turns. This is a buyers market with a lot of discounted properties available and now with some strong backing, we are in an excellent position to take advantage of the situation.