Ron Meisels
Levon Resources
LVN-T
WATCH
Nov 24, 2010
Big base and a wonderful breakout. Had 2 pullbacks on its rise and is on its third rise, which is usually a sign that it’s speculative. You have to start being careful and use a tight Stop.
There is a lot of significant trading activity around the $1.80 mark and is now trading below that. People will probably be selling down to. $1.10 mark where he thinks there is support.
Mexico. A number of bodies, low grade. On paper you can make this work, but it work in reality. They will have to keep raising money to develop a mine.
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