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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

Post by lechmeiron Jun 22, 2018 10:48am
589 Views
Post# 28212662

peasoupfog

peasoupfog Why would silver drop through $10.  It would take a drastic economic slowdown

Let's face it silver as a precious metal may be in or out of favor, but physical silver is necessary to make pretty much anything electronic, and physical silver is in somewhat shorter supply than a robust economy would need.

This is an opinion of course.

My other thought is that it's really frustrating to see the lead and zinc go totally unvalued, but that's me and I don't get to dictate what the market values.  At some point a major is going to want this deposit. We just don't know when.
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