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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

Comment by heybulldogon Nov 05, 2020 1:21pm
187 Views
Post# 31842979

RE:RE:RE:Lion "Snail" One

RE:RE:RE:Lion "Snail" One
Well your frustration is understandable. The bottom line is we are all here to make money. In my judgement there is still good money to be made here - but nowhere near what could have been. We have a once in a lifetime project but there is one major problem and you know what I'm talking about. That problem is not going away anytime soon - but success will be achieved in spite of that problem. This problem has resulted in erratic decisions being made. One day we are on this path and the next day it is changed. The problem has never been interested in keeping shareholders involved and up to date. Thank god QH came on board.
I could point to countless examples - the never acted upon MOU's just being a few. I mean what company signs MOU's and never acts on them and refuses to mention them to shareholders again? Ones with a problem.
Notice on up days in the gold market Lion is right up there with the pack then fades every time. That's shareholders taking the opportunity to exit. 
And then there's drill rig #2 - started drilling in April and no drilling results. It certainly is a red flag. Lion has a history of holding on to bad results until they can package it up with something good and hope no one notices.
An investor has to stay grounded. Don't listen to the CEO crowd who believe one could through a stone and drill where it lands and there would be gold. Recent drilling history has shown this is not the case even when based on Csmat.
There's still good money to be made but the timeline and amount has changed. Also the down side from here is very limited.
Okay - back to sleep mode for me.
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