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Levon Resources Ltd (New) V.LVN


Primary Symbol: LVNVF

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

Comment by ronnyseton Mar 22, 2016 5:21am
255 Views
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.
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