Money By now everyone has heard about K"s bid for Great Bear. Congrats to all the Great Bear shareholders. Now what has this to do with Lion you may ask? Well a lot if you think about it. Over the next three months 1.4 billion dollars will be looking for a new home. 66% of GBR shareholders are retail which is very large. So that's almost a billion dollars of retail shareholders who will be looking for a home - never mind institutions.
If Lion hopes to attract any of that money it should announce concrete plans for a mill along with timelines withen the next three months. Drill results alone are not going to cut it anymore - that should be obvious. The market is looking for more.
Let's hope Lion doesn't pass up on a unique opportunity that presents itself.