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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

Comment by heybulldogon Oct 18, 2020 9:30pm
178 Views
Post# 31737065

RE:RE:I Was Just Having A Nap

RE:RE:I Was Just Having A NapI never saw anything that suggests Newmont killed the deal. The best explanation I've heard is from HRA - Coffin...to quote from a June 7 post over at CEO:

"I think he half agreed to a couple of offers out of China he didn't actually like because he was hoping to use those as a stalking horse to elicit a better deal from someone else. I'm pretty sure that's what was really going on but, obviously, that sort of tactic won't work if you admit to it publicly. I think Wally sort of boxed himself in and created a lot of confusion that way, though I think his intentions were good and in the interest of shareholders. Does that make sense?"

Water under the bridge now. The train will still make the station - just delayed.

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