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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

Post by reddog11on Mar 22, 2024 10:49am
158 Views
Post# 35947089

Such a poor decision

Such a poor decisionIt would seem at this current price ($.41 C) even the last PP holders should be wondering what the heck they did. How could you NOT see that a 20% below market value PP and a three year warrant would not crush the stock price.

WIth everything we had going on there should have been ZERO rush to get to 500 per day. We could have collected revenue and slowly paid for the increase ourselves over a year or two and the stock price would be much higher.

Now... all confidence is gone with the management of this company.

Such a poor decision. Now, for me too late to sell.

any other opinions??

jmo

RD

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