LVR leviathan resources limited

broker recommendation, page-2

  1. eer
    812 Posts.
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    not surprised at all, had some short term problems establishing new decline and vent. shaft so fell short on targets but fundimentals can justify a valuation of that order or more.
    This is a very cheap entry. I topped up the other day and expect this to be nearer 90 than 60 especially with such a large exploration push in train.
    It has also increased reserves from 225000oz to 300000oz and will concervativly have that at 450000 by November.
    I am very keen on this one imho cant go wrong at these levels with gold ready for a rally.
 
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