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Levon Resources Ltd (New) V.LVN


Primary Symbol: LVNVF

Metals & Mining Industrial Metals & Minerals
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

Levon Resources Ltd (New) > Anyone know what’s up here
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Comment by cbewon Jan 12, 2018 10:09am
157 Views
Post# 27341013

RE:RE:RE:RE:RE:RE:RE:RE:Anyone know what’s up here

RE:RE:RE:RE:RE:RE:RE:RE:Anyone know what’s up here"I would sure be interested to hear others opinions on why our SP is .30 and no one is trying to buy us if it is not becasue of the price of silver..." Your question assumes that the market is an efficient mechanism that always prices assets at their "fair" market value. Markets are anything but efficient and often irrationally misprices assets. Explain to me why bitcoin is priced at over $15,000 when just a year ago it was less than $1000? Or why a company that has no revenues, loads of debt but has the name "blockchain" in its name is valued at over a billion in market cap? Extremes in valuation ( either over or under) do eventually return to their "true" value. Sure we are tremendously undervalued right now but imo this will not last long. If metal prices keep rising imho we will get taken out and I think it will happen this year. Right now .30/sh is a gift to take advantage of.
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