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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 Bookendson Mar 15, 2021 1:55pm
336 Views
Post# 32799817

Liquidated, no arbitrage process?

Liquidated, no arbitrage process?

Wtf, if I get this right, neither the Creditors OR the Shareholders receive anything from the liquidation with most of what is left going to the liquidators in fee's?

In the meantime, the company was in arbitrage process for Billions with the Government of Armenia and the creditors couldn't allow for this process to go through and decided that nothing was better than letting it roll??

Personally will have a very hard time feeling sympathie for the Armenias crying like little girls about the genocide, litterally the only single thing they ever talk about.


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