LYNDEN ENERGY CORP. V.LVL

Low volume?

[Empire82]

These guys are obviously sitting on some fairly valuable assets so why does this trade like nobody has even heard of the company? I was wondering if insiders owned all the shares but according to sedar john lovoi is the only significant shareholder holding about 15 million shares as of december of last year and buying on the open market ever since. Do they just not promote their story at all?

[Empire82]

Yeah believe me I understand the state of the venture exchange, just thought the volume here was exceptionally low. This trades like a dead zombie gold stock most days

[ferret_ca]

I just initiated a position in lvl just under .70, had to be patient due to low volume as stated before. i'd been following this play for a while and having sold off most of my cdn based oils a while ago i've been picking away at oil and gas companies operating outside of canada. once they figure out the best and cheapest ways to frack and develope this play the upside is huge, plus you

[zadman]

Nice end to the week with the ask finishing at 80 cents.  A good production or earnings update in the next week or two and maybe we can push the 90's again.  Fundamentally, its really hard to explain the drop from the highs.  The gas market is strengthening which should mean better earnings.  Come on Devon, just offer $2 and you can have my shares.....   zad