Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.WT

Metals & Mining Gold

Lion One Metals Limited is a Canadian gold producer. It is in the business of mineral exploration and evaluation and is focused on the development of mineral resources in Fiji. The Company is the owner and operator of the Tuvatu Gold Mine located on the island of Viti Levu in the Fiji Islands. The Tuvatu Gold Project has been fully permitted for development, construction, and mining by the Government of Fiji with the grant of a Special Mining Lease (SML 62). The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Property comprises four special prospecting licenses (SPL 62), with a total area of 20,170.5 hectares. It also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets. It holds four exploration licenses for the Tuvatu properties as granted by the mineral resources department.

TSXV:LIO - Post by User

Lion One Metals Ltd

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Comment by jvtayon Mar 09, 2012 1:11pm

181 Views

Post# 19650044

RE: RE: ANOTHER NICE RELEASE

Could be, but why hold it down, when there have been many occasions when it was obvious the market was willing to bid sp up? Why would I sell @1.05 if I could sell w/o too much trouble @1.20. So maybe you're right, but it seems there are other "forces" holding us down beyond those content to take penny profits (and actually, if you add in debasement of currrencies / inflation...they'd be losing money even @1.05 if they bought those for 1.00). bwtfdik...just waiting for a little more (?LOT more) communication from mgmt...esp about what has already been sent off, or supposedly. How long can that take to start getting the numbers back??...jt

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