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Levshares 3X Nvidia Etp LVNVF


Primary Symbol: LVNNF



GREY:LVNNF - Post by User

Comment by 1coffeeon Jan 28, 2018 2:25pm
85 Views
Post# 27450244

RE:RE:RE:RE:RE:coffee LVN is not really a explorer anymore

RE:RE:RE:RE:RE:coffee LVN is not really a explorer anymorethanks for clarifying my clarification heywood!

When I saw for the first time Levons numbers, the amateur that I am went something like this: 480M oz silver indicated resources, ok, let's say the company was very very, very optimistic by this estimate, let's say, when they will convert it into measured, it will be 30% less.
You have now 320M measured resources.
When silver price will rise over 20 (soon), that could turn into what, 200 M reserves? Am I being too much conservative?
A company with easily 200M oz silver reserves at 40M market cap?
And I'm out?
 
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