RING OF FIRE A” PERFECT STORM” PATTERN IS EMERGING FOR THE “LION” IN FIJI
1.The operator at a previous time with gold @ previous prices : $300/oz. closed a high underground grade mine.
2.The proven gold in place has become more economically viable @ $ 1,500+/oz. and trending higher.
3.Furthermore, the previous operator identified several high grade outcrops and left 60,000 meters of un-assayed diamond drill core.
4.Lion One has combined this data with its extensive exploration program and has hypothesized a much larger gold deposit comprising porphyry as well as high grade structures.
5.In view of the world financial uncertainty, experts are predicting even higher gold prices. The uptrend has been intact for some time.
6.CONTAGEON is the operative word in the European financial syntax as PIIGS line up at the trough for sustenance and the U.S. Congress plays Russian roulette with its debt crisis.
7.Eric Sprott maintains on CNN that gold and to a lesser extent, silver, has become a reserve currency. He also maintains that either recession or inflation will adversely affect financial institutions, while gold and silver will retain their lustre.
Note: LION ONE is well funded , headed by a highly successful mining man, Walter Berukoff, and is located in the right geological setting: The Ring of Fire. Astute investment analysts are placing Lion One on their radar screen: A“Perfect Storm” pattern is beginning to emerge.
For details, check the company’s outstanding web page: www.liononmetals.com
Trading Symbol: LIO (TSX venture)