Levon Resources Ltd (New) V.LVN

RE:Why?

[cbew]

Imo, I don't think you can read anything into the current share price.  We are still considered a junior PM explorer and we are tracking the GDXJ index.  Look at the chart for GDXJ.  The whole index is down because Au and Ag have been going down the last few months.  The market is not even discounting how the increase in Zn and Pb prices will affect our economics let alone the increased grades in the Aida zone.  

Also, we are not well known as management has done little to no promotion.  However, once the updated PEA comes out, things will change and the market will take notice.  We are severely undervalued at these prices.  Its unfortunate that the PEA was not released at the expected time but these delays happen often in the industry as reports have to be verified and signed off by qualified persons which do take time.  A delay of one or two weeks will not make much of a difference overall and imo should not be interpreted as a bad sign.  Hope this helps, my 2 cents.