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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 cyber37on Mar 13, 2024 1:43pm
119 Views
Post# 35930950

RE:RE:RE:I remain an unabashed bull on LOMLF

RE:RE:RE:I remain an unabashed bull on LOMLFYes, that financing felt like a kick in the face & poor IR just added to the blow. Still, in stage of development that Lion is in you can never have too much money. I guess all we can do now is wait & see if that capital will accelerate more substantial production ….or  prove more reserves for a juicy TO. But, the arrogance of management towards existing shareholders will have consequence when a time comes for ‘next’ share issue. One can always sell & be done with LIO but I still think there is a good upside since all those warrants ( I believe) were allocated mostly to insiders.   
Maybe it is true that ….”you can’t rush a good thing”.
G37


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