Levon Resources Ltd (New) V.LVN

Primary Symbol: LVNVF

Metals & Mining Industrial Metals & Minerals

Levon Resources Ltd is a Mexico based company which is engaged in the mining business. The company is involved in silver, zinc, lead, and gold mining but majorly focuses on only silver mining. In terms of revenue, the organization receives more revenue from their Cordero project. The company restricts itself only in Mexico and does not exports.

OTCQX:LVNVF - Post by User

Levon Resources Ltd (New)

Bullboard Posts

Comment by batman24on Feb 13, 2015 1:07pm

126 Views

Post# 23427517

RE:RE:anyone thinks we finally get news Tuesday or Wednesday?

I'm getting concerned with the recent comments such as Rick I quote "or can it go up if it is something really good, like something that brings in cash flow/income". That makes me upset. For example would it be possible that lvn would pay 10 times cash flow/income which would mean if we spent 30 million for something that has 3 million cash flow/income. That would mean lvn earns 10% on the investment. I'm thinking about what 3 million income means to the shareholders of 231 million shares. Rick says I can't read but how is my math. Would you say 3 million income is 1.3 cents a share and lvn has no cash left to support your share value. Then lvn shares could be worth maybe 20 time the EPS of 1.3 cents. Maybe 26 cents.
I agree with Rick quote "cordero value zero/zilch/nada/$0 and its relatively safe". Yep its safe alright. I don't think anyone will touch it while silver is under $30.
Anyway I'm selling fast.

Bullboard Posts

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!