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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 Chileanmafiaon Dec 24, 2019 12:59pm
269 Views
Post# 30488219

Talking Heads

Talking Heads Did anyone talk to mgt about what's going on?  Is there a plan going forward?  

I am amazed that the money folks continued to put up the money for so long (19 months) with no movement on this file.  They probably got tired of hearing the same old same old...

So many things went south on this - not finishing the project on time, blowing the budget by millions, not shutting things down when the crisis hit, not understanding the scope of the issues on the ground, having the wrong people in community relation and not hunkering down to solve the crisis - still shocked at how the company lost (at the expense of shareholders) on this one....

I am sure mgt will get an earful from shareholders if they bother to show up to Round-up and/or PDAC....

Unfortunately it looks like the window is closing on shareholders - however hopefully there is a Miracle on 34th Street or its going to be a very dark and gloomy New Year for shareholders....


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