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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

Post by seanyboyon Oct 17, 2017 1:14pm
214 Views
Post# 26821780

A quiet board...

A quiet board...
.... is reassuring. I had to bulk up my posiion more today, promising myself that this is the last time to pick up these very cheap shares. I do try to hold to portfolio discipline but I stretched the rules today. The part that makes me comfortable with the choice is that LVN has no debt, cash and securities are like 25% of its market value, and a clear management strategy which is to hold and develop the resource with no notions of building the mine - leave that to others.

Best wishes. Seanyboy.
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