GREY:LYDIF - Post by User
Post by
medvic1on Jun 01, 2018 9:47am
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Post# 28110518
to all
to allI reduced my shares from 70k to 10k about month ago. Now, I will buy it back. One of the reason is my conversation with smart person, long time investor (not in Lydian) when I describe the Lydian situation, he smiled and ask me to name the projects where big money involved has been canceled because local people don't want it? Maybe postponed to resolve some issues, yes. That poor Armenia needs money like water, and nothing is going to stop them to see gold bars on the table.
Another point: European International Fund give Lidian funds and heavily invested there, EIF will press on Armenia hard if any delays...
10yrs of mine life, 2mln lb of gold is to happen. In 2-3 yrs those who sold at that funny price will regret it much...