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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 Puma1backon Apr 30, 2024 8:35am
72 Views
Post# 36014316

RE:RE:RE:Zone 5 ……29 grams per ton

RE:RE:RE:Zone 5 ……29 grams per ton

rsi is ok at this point having moved above 50 , as well the 50 dma was broken for a toal of about 5 days now - 

but this stock has to move back to an accumulation stage and throw off this now 3 month distribution mode resulting from the financing.

if the technical break above the 50 dma holds we could see some recovery of the huge pull back imo.



Puma1back wrote:
As long as good news volumes are used as a liquidating trigger by holders we will struggle to get any traction Volumes April - 12 million at 49 cent average March - 13 million at 44 cent average February- 14 million at 53 cent average

 

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