Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Leviathan Gold Ltd V.LVX

Alternate Symbol(s):  LVXFF

Leviathan Gold Ltd. is focused on exploring for high grade gold deposits within the Stawell and Bendigo Zones of central Victoria, Australia. The Company’s principal properties are the 100% owned Avoca Project, Timor Project and Queens Birthday Project in the State of Victoria, Australia. In addition, the Company intends to investigate and acquire and/or stake in other projects of merit. The Avoca project is located approximately 183 kilometers (km) west northwest of the Victorian state capital Melbourne, with road access. The Avoca project occurs within the Stawell zone of the Victorian goldfields, west of the Bendigo and Melbourne zones. The Timor project occurs approximately 10 km east of the Avoca project and occurs within the Bendigo zone of the Lachlan Fold Belt. The Timor project area contains numerous hard rock and alluvial gold deposits evidenced by significant historical workings. The Queens Birthday Project comprises Exploration License-EL007937.


TSXV:LVX - Post by User

Post by Lynx9on Feb 08, 2022 1:11pm
225 Views
Post# 34409287

Share count is expanding and soon worthless

Share count is expanding and soon worthless99,723,831 shares plus another 11,430,873 this coming Feb 10th then another 11,430,873 come August 10th. Three more influxes of the same over next two years for another 34,292,619 shares.


As at September 30, 2021, the Company has 55,430,873 common shares subject to escrow release restrictions, of which, 11,086,175 common shares will be released on each of the following dates:

February 10, 2022, August 10, 2022,

February 10, 2022, August 10, 2023, and February 10, 2024.

I can just envision our team scraching out the red earth in some God forsaken place in the outback with some overly used equpment, in great need of repair, and then sauntering back to their broken down camper for a warm beer and then bedding down for the night in over used linen. However, the reality is that our "puffed up" featheedr friends are sitting behind their desks, twittling their thumbs and sipping on cocktails patting them selves on the back, while looking in a mirror and adjusting their hair just right. Aren't they impressive to themselves! 
<< Previous
Bullboard Posts
Next >>