Levon Resources Ltd (New) V.LVN

Levon has practially the largest resource base of any junior

[Heywood_Silvers]

In reviewing the latest presentation at their website I walk away thinking to myself Levon has arguably the largest resource base of any junior other than the pebble project (NAK) and the Cordero project is not encumbered in any way like pebble is.

A simple rule of thumb I use when evaluating resource bases of juniors is to take 100% of M&I and 50% of inferred resources.  Using a 50:1 conversion rate to yield a gold ounce equivalent Levon, using just their gold/silver resources, is sitting on approximately 11.6 ouces of gold equivalent.

The website indicated (if you include zinc/lead) they have over 1.2 billion ounce equivalent of silver.  That equates to 24 million ouces of gold!  Let's be conservative and (not even take into consideration the other metals) divide that total by half which brings you back to 12 million ounces of gold or approximately the 11.6 million I calculated earlier.

Now, let me ask you how many other juniors out there have in excess of 12 million ounces of gold?  Pebble is the only one I can think of and good luck investing in them right now as they trade over 10 times the current price of Levon.  10+ million ounces of gold is an elephant - all majors would be interested in acquiring a mammoth project of this size.  First Majestic, Coeur, Endeavour are just a few in Levon's backyard down in Mexico whom I think will one day be salivating over the Cordero project.

Given the depressed price of Levon as of today this represents an extremely favourable opportunity to get in on what I am sure will be at least a 10 bagger in the not too distant future.  This stock reminds me of Wildcat Silver (now named AZ mining).  I invested in Wildcat a few years ago because they had 300+ million ounces of silver.  The resource base of Cordero far surpasses that and look what happened last year to Wildcat - they increased in price from 25 cents to over $2.50.  A 10 bagger in one year.  I think the very same could happen to Levon given the similarities:  district sized property 100% owned, large resource base and similar metal resources.

Long story short - if you are not excited about this stock you have not performed your proper due diligence.  PS  I contacted Ron T. the CEO recently and inquired if he was 100% dedicated to advancing the Cordero project given the 2015 spinoff and SciVac venture.  I informed him that the best course of action would be to focus on what is the company's strength, namely resource exploration on a world class project.  His response that he was indeed dedicated to this project gave me the green light I needed to make Levon one of the core positions in my portfolio.

Ron is very high (similar to Keith N. of First Majestic) on the future prospects of silver and I believe he will advance this project en route to breaking the stock's all time highs of 2011 at some not-to-distant point in the future.  But by all means, don't take my word for it, you can do your own due diligence and arrive at your own conclusions.

Good luck all and happy investing.