Levon Resources Ltd (New) V.LVN

hold your breath!

[cypress44]

Resources stocks are being hammered and will continue to be so well into 2015, but for those who think LVN is going to drop down into the mid-teens need to think again, cash props up LVN and will also dig it out of a hole
 
Silver is not going anywhere for the next year and zinc is starting to falter, however there is a lot going on in the world that could change this - Russia is potentially on the rack with a crashing Ruble, OPEC (primarily Saudi) dropping prices to disrupt fracking in the US, a Greek exit potentially back on the cards if elections are forced and a Eurozone potentially looking at QE.
 
The cash LVN has puts them in the ideal situation to diversify which I will suspect happen sooner than later. It is in management’s interest to do this as their stock holdings having decreased and become stagnant and now is the ideal time to do it, look at the last deal they did and with whom.
 
Onwards and upwards