Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.W

Metals & Mining Gold

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.

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Lion One Metals Ltd > Notes

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Comment by heybulldogon Jun 08, 2020 5:38pm

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Post# 31126296

RE:RE:Notes

You are right - when we get get a series of good drill results the share price should respond.
But we are no longer in the same league of Great Bear. They just have under 60 million share outstanding with 53 million is cash. Huge drill program funded through 2022 with 10 - 15 million Oz project beast.

That's the frsustrating part - we could have been in the same league if not for a strategic error
a couple of years ago.

Having said that - there is still big money to be made here. Lion seems to have their act together now with a game plan. The odds of good drill results are outstanding. Lets sit back and see hat happens.

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