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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Post by medvic1on Jun 01, 2018 9:47am
116 Views
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...


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