Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lion One Metals Ltd V.LIO

Alternate Symbol(s):  V.LIO.W | LOMLF

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.


TSXV:LIO - Post by User

Bullboard Posts
Comment by heybulldogon Mar 27, 2019 5:41pm
64 Views
Post# 29544910

RE:Someone is Shaking The Tree Pretty Hard

RE:Someone is Shaking The Tree Pretty HardI hope we hear of a plan too - but the problem is I've heard lots of plans.

Remember this one with the last pp - September 16,2016. We were going to go full steam ahead and with the warrant plan have the funds build the processing plan.

To quote;...."  subject to an accelerated expiry option whereby the Company can trigger an accelerated 30-day expiry of the Warrants if the closing price of the Company’s Common Shares listed on the TSX-V remain higher than $1.75 for 20 consecutive trading days. On the 20th consecutive trading day above $1.75 (the “Acceleration Trigger Date”), the Warrant expiry date may be accelerated to 30 trading days after the Acceleration Trigger Date by the issuance of a news release announcing such acceleration, within two trading days of the Acceleration Trigger Date. The Warrants, if fully exercised, represent $56,074,189 of additional gross proceed potential."

I remember talking to IR.....everyone sounded excited and it sounded like a good plan to me.
So what happened......well it it just faded and well.....there was a new plan....sort of.

Now I'm sure there will be a drilling plan brought forth which will be good and the share price should  respond.

But when I question how the process plant is going to be built.....well that's when it gets a bit vague. The big share price jump won't
happen until that piece of the puzzle is sorted out. Wally has done a lot of good things lining everything up....but on the financing....well I have my own opinion.
Bullboard Posts