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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 > there's quite a bit of discussion of LIO....
View:
Post by geolteacher on Feb 29, 2024 3:51pm

there's quite a bit of discussion of LIO....

on that other BB, "ceo", posts in the last 20 days run along several themes:
  • CRUX did a hit-job on LIO, by accident or intention.
  • Wally Berukoff has led LIO in a series of unfortunate decisions.
  • LIO may have used up all of its credit lines.
  • Any further financing will be harmfully dilutive.
  • If LIO gets the 500 tpd operation working within 3Q 2024, things may work out ok.
  • for risk-lovers. timing of 'catching the falling knife' is all-important.
  • for most investors, it's whether the 500 tpd plant will be functioning quickly enough and close enough to design, to cover all company costs and begin flowing free cash.
Comment by steve55 on Mar 01, 2024 12:08am
what's this other board? I don't know what happened,I just listened again the audio(Ker Report) from august 23rd 2023 on the company website( Quinton Hennig speaking) and it looks phenomenal what they find in the ground.
Comment by roberto146 on Mar 01, 2024 10:31am
The other board is ceo.ca/lio. They get into a lot of the nitty gritty, much more commenting. Sometimes maybe too much ... the report referred to is available through cruxinvestor.com, linked to [https://www.analystsnotes.com/posts/lion-one-metals-roaring-success-or-paper-tiger] by subscription - the report is free with a sign-up. I don't know the terms of subscription as I haven't ...more  
Comment by reddog11 on Mar 01, 2024 5:08pm
Lion Metals either has a plan that I can not dicern or somehowe threw away 1/2 its market cap in three months while gold is at $2050 us. We were suppose to have had the perfect scenerio. Great drilling reults / fininished mine and revenue to be starting to flow in as gold price is excellent. What has taken place can be called nothing but catastrophic. IF there were some way to vote right now a ...more  
Comment by steve55 on Mar 01, 2024 5:35pm
I wrote to the company yesterday but no answer yet;they have a 800 number if you want to call. I'm wondering if the results aren't as good as expected or if Wally is sick.