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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

Comment by Bookendson Jan 24, 2020 9:00am
173 Views
Post# 30593339

RE:RE:No hope?

RE:RE:No hope?Yeah, there is some hope... It would be good if the strategy was to delay the creditors rights until the results from the BIT process... I just hope they have enough funds to get through it. Protection as been extended till March 2nd, so that's positive.

It just seems obvious that the best possible outcome, for everyone, would be to wait for the BIT process to complete. I do think there is a good likelyhood that LYD gets a favorable ruling and the fact we are under creditor's protection just makes the case more favorable to LYD.

Management did screw this un royaly... There was a lot of possibilities... They could have hired private security from the get go and get the protestors tossed from there, sure, it would have cost, but at least the situation wouldn't have degenerated as much. They should have investor more in public relations. Ect ect ect... 

But well, that is that...

Lol, my brokerage also shows it at 7 cents... But yeah, I do a weekly calculation of my net worth... And when I do so, I'm forced to put my LYD stake at 0... If I can recup anything, it'll just be a bonus... But I do think there is a lot more hope than what people give it credit for.

 

rarihokwats wrote: There's always hope. But  it's the same with a lottery ticket. Alas. One thing is sure: in my account it still shows the  7 cents price.LOL.



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