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Bullboard - Stock Discussion Forum LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."

TSXV:LVL - Post Discussion

LYNDEN ENERGY CORP. > Low volume?
View:
Post by Empire82 on Apr 25, 2013 12:35am

Low volume?

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?
Comment by smithgee on Apr 25, 2013 8:55am
Read the story on the front page of SH regarding junior resource stocks, then perhaps you will understand it has nothing to do with fundementals and more to with with just a lack of buying for all juniors.   https://www.stockhouse.com/columnists/2013/april/25/contrarian-take-on-junior-resource-stocks
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