PriceFirst off I have no ideal what the price will do in the coming weeks. Usually gold related stocks will recover first after a big hit but if this is some big general depression / deflationary event then who knows. But since I consider Lion to be a once in a lifetime tier 1 project lets for fun compare how it's performed since the close of last Friday to what I consider two other Tier 1 projects - Silver Crest Metals and Great Bear.
Since last Friday close Sil has dropped 10.8%. GBR has dropped 14.3%. Lio has dropped 34.1 %.
What's the difference. One word management. I could go into great detail why that is but frankly just don't have the energy. Still waiting for details of a drill program.
Tier 1 project - Tier ? Manager....oh I mean Management.
But we do have one drill turning that has trouble reaching depth.
Still long.