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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 20, 2020 2:12pm
165 Views
Post# 30831292

RE:RE:RE:Bottom in?

RE:RE:RE:Bottom in?
The dollar then gold have been the safest harbors so far. The gold miners have not been a safe harbor so far. My share to gold ratio was too high and this crisis reminded me of that. Yes in the long term the miners should be be very good - more so gold producers - if one looks  back at history. But sometime history doesn't repeat but rhymes.
Think of a huge gravitational wave sweeping the universe which distorts and bends everything. What was once thought impossible with the known law of physics -  with the wave is now possible.
Physical gold will be king. The dollar will remain strong / stronger for now because the ratio of dept priced in dollars to available American dollars is high.  How long that will last I just don't know.
Bullboard Posts