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Lion One Metals Ltd V.LIO

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

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

Bullboard Posts
Comment by ctoivoon Apr 13, 2015 11:53pm
70 Views
Post# 23625976

RE:Lion's managing director/Geologist

RE:Lion's managing director/GeologistSomething I forgot to mention. That possible $400 mill purchase is after lotsa AU was taken out of it.

Having Berukoff, Mann, and as another director, George Young ,a former president of Mag Silver, as the leaders. adds a lot to the value of the company.

Liquidations
   The gradual liquidating by some entity has been interesting to watch on the screen.   I would guess that the rumors are likely true, that some fund or person is just getting out of the gold biz. (not just Lion). New shares for sale show up periodically throughout the day.
     
        This is a great thing, of course, for those thinking of buying, (or buying more), because it means the company's shares are on  sale --------------for the time being..
Bullboard Posts