RE:RE:RE:RE:Tad, thanks for posting the news release. I wonderBraindeadoldguy,
Sold another 5000 at $0.24 today. That's the last of the traders bought at lower prices.
Curious to see some sporadic buying the past few of days, with no news coming from the company.
Maybe a driller or two saw some visible gold in one of the cores and told someone, and they told a couple people, and they told a couple more people. Or someone in the assay lab saw something .... who knows ..... maybe just a couple speculators trying to buy decent positions ..... ???
If these guys don't come out with some really decent drill results in the next couple weeks, tax loss selling season will probably drive the share price down again.
Cash value for LVX is about $0.07 per share now, with no known resources .....
Off topic .... Stuhini Exploration could be on the verge of a big upside move now that the company has made it official they are updating the historic 462 million lb moly resource in their Ruby Creek Project to current status. Big name company doing the resource estimate, Mine Development Associates out of Denver, usually don't deal with small junior firms like STU.
Stuhini share price seems like a bargain at $0.65 ..... C$11 Billion worth of moly in the ground for a company with only 24 million shares outstanding. Will be interesting to see in the coming weeks and months if the deposit is economical with moly prices now hovering around US$19 / lb . Sounds like a potential takeover target. Selling that deposit for 1% of current in-ground value would equate to about $110 million / 24 million shares = .... ;-)
GLTA !