GREY:LVNNF - Post by User
Comment by
Heywood_Silverson Jul 18, 2019 8:24pm
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Post# 29937478
RE:LVN Shareholders Will Own Less Than 1/3rd
RE:LVN Shareholders Will Own Less Than 1/3rdThe 20% decrease represents the 20% increase via Sprott. Personally, I am on the fence with Sprott. That being said, he does generate hype, look what happened to the LVN shares today. Better yet, look what happened to Novo Resources a few years ago - that dog went absolutely nuts and is still elevated well beyond where it should be.
I wonder if the merger is put on ice if Sprott will pursue a LVN investment standalone. My gut tells me he wanted exposure to the Cordero assets and the stronger management team on Discovery.
If the merger goes through, I truly hope Sprott starts hyping this thing the way he did Novo because THIS is the real deal whereas Novo was always just a pie-in-the-sky.