OTCQX:LVNVF - Post by User
Comment by
ronnyseton Mar 22, 2016 5:21am
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Post# 24686672
RE:I'm new to LVN
RE:I'm new to LVN"At a modest $100M market cap..."
Fully diluted shares: 131,392,693 x 16,5c = 21,68 MCAP (CAD)
Current assets (per 31.12): 14,8 MCAD (including Pershing Gold)
Implied value of Cordero: 6,88 MCAD
In a bull market, I believe Levon could trade at 100 - 500 million USD as an exploration company with these resources.