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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  LOMLF | V.LIO.W

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 BearKilleron Mar 10, 2020 8:04pm
194 Views
Post# 30791024

RE:All Aboard

RE:All Aboard

I get what you guys are saying but I think your woes are misplaced. Management has clearly pivoted to filling out their reserves in an effort to sell in 2 years. 
They bought a drill company, built an assay lab, and are bringing in ANOTHER drill. While QH wants to drill deeper that doesn't mean that the drill they do have is sitting idle instead of hitting targets.
While I agree that management might have had a lack of vision in years past, QH has changed that and pushed Lion1 to pivot away from opening a costly mine to developing a world class reserve and selling big. 
My price target is $1.5-$2B AT A MINIMUM with a 2 year time frame. Of course only time will tell. 

GLTA

Bullboard Posts