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Bullboard - Stock Discussion Forum 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... see more

TSXV:LIO - Post Discussion

Lion One Metals Ltd > Slow Process
View:
Post by heybulldog on Nov 22, 2023 7:44pm

Slow Process

Noticed some entities still unloading shares. LIO is still feeling the effects of the chaotic financing that was done. Things should slowly improve as milestones are achieved. My only concern is Wally. I've been in this for many years and have seen some boneheaded moves. I know how Wally thinks. When someone offers him money he has a hard time refusing.
Any more issuance of shares at this point for financing would be a red line for me and I think I would cut my holdings of LIO. For now I hold and wait.


Comment by goldstd69 on Nov 23, 2023 12:41pm
why would LIO issue more shares for funding when they are now producing gold and making money....Wally will sell this company in a year or two at much much higher prices...jmho
Comment by roberto146 on Nov 23, 2023 3:38pm
"Noticed some entities still unloading shares. LIO is still feeling the effects of the chaotic financing that was done. Things should slowly improve as milestones are achieved." Time for another gold pour. Not a peep about it for a while and share price has been range bound too long ...