Lion One Metals Ltd V.LIO

To buy or not to buy...that is the.....

[heybulldog]

Well, well....Lion hanging on just over a dollar. What a sad place to be for such a great project. I do believe if one bought here they will make some money. At some point they will announce mill plans and the share price will respond. I'm I buying here? No - not just yet. I'm keeping the position I have and keeping an eye on things. Too many other good projects where I'm not battling with the someone who wants to keep the gold in ground.

Some very poor decisions were made to reach this point. Good people have left because of the indecision  by "someone".  A couple of good people have been brought into this project who I suspect want to get going and are developing a game plan. But they have a burden to overcome and I'm waiting for signs of which way the scale is tipping.  It is certainly a good entry point here. Remember there is a lot of gold here - the project is very good with lots of upside.  Maybe I should buy......
Decissions....decisions.... 

[sonic21]

Mine announcement and further discoveries in and around the 500 zone. Hard to believe that since the 12.7m of 55g/t hit it would come back at this level?? And with a 25% increase to existing resource. I guess raising money at the peak was great for dilution but, with this pm market correction, it came with a tax loss burden. 

[forwardflash]

i think nytime a company sells stock substantially below the market price, aas lio did, they lose investors.  i'm still pizzed off.