Leviathan Gold Ltd V.LVX

Help Me Out...

[wreakhavok]

Leviathan's current outstanding shares:   208 Million.  With a current stockprice of .04,  the company is worth $4,320,000.  Yet the company has $11,000,000 cash on hand, with no debt.  Is the website accurate?    Just with the cash, the shares would be worth $.1028, with not an ounce of gold!

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[donlin2]

This whole deal has been bad news.     By the time I get my shares this "miner" could be squat.   When the investor relations guy is not even with the company you wonder where mgmt is............. probably doing their other jobs.

[LowMoor]

These companies that don't promote themselves are as good as dead. I would look at some of the Crescat plays. They do a video every week with Dr. Quinton Hennigh. Most likely going forward for the gold plays I will stick with those that they promote. Some Aussie plays I follow that are dead OZAU , OZ ,FSX But pretty much the whole junior market is a total mess. The gold price is not helping.

[Tad]

The corporate presentation has not been updated since the original one was posted on the company website in February 2021. As of the last financial statement, the company had around $5.5 million in cash left from the $12 million raised in the IPO (at $0.50 if I recall correctly). LVX burnt through around $7 million cash in its first year of operations with precious little to show for itself