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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

Comment by Heywood_Silverson Mar 05, 2018 9:34pm
100 Views
Post# 27665117

RE:RE:RE:RE:News

RE:RE:RE:RE:NewsYou believe the market is always correct?  Take a look at Amazon floating around $1,500 a share - you think that is rational?  The market is about as intelligent as a drunken monkey attempting to perform a math problem!!!!

Granted, the market can stay irrational longer than (some speculators) can stay solvent, but in the end the cream always rises to the top.

PS  I find their NPV @ $25 silver quite solid, especially considering $25 is a conservative number given how the silver:gold ratio over time will tend towards its natural, historical average number well below 50:1.
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