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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 Tank1000on Dec 05, 2019 7:38am
130 Views
Post# 30423919

Yet the illegal blockades remain....

Yet the illegal blockades remain....Yet the illegal blockades remain. - this is the last line of the last news release from LYD - Nov 18th 2019.

I am finding it difficult to ascertain what the next step is from the govt....
The following post (https://news.am/eng/news/546048.html) says there is a meeting for Dec 10th where the Public Council will decide if the minie is to be operated....REALLY?

Hilarious.  The Public Council will review info from working group - based on studies from experts and various agencies.  So they want to spend all this effort to gather more info all over again when the reports with any relevance are already done.  All of them.    

What a waste of time - it is completely irrelevant.  This of course is another example of the idiocy from the govt. 

If you look hard enough you'll likely find a few more of these types of reviews underway now - all claiming some sort of domain over the operation of the mine. 

I've stated more than a few times - I would just move to expedite the BIT claim.  Why would you want to try to operate the mine in that country?  Will be more blockades.  Everytime there is one - LYD would have to go legal - then wait until some order is made...then wait again as the order is ignored by the police....you think that is the best way forward?

Shareholders have been through enough.  Does anyone know how many legal claims LYD has 
made against the govt?  How many lawsuits are there?  
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