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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 newsimon1707on Jun 01, 2015 2:53pm
90 Views
Post# 23785648

RE:Hard Rock--Eric Coffin update

RE:Hard Rock--Eric Coffin updateI hope you are right....

it would only need one or two motivated buyers to start it all up...

I guess/ hope we've seen much of the selling already...  But if they want to finance without too much dilution they will have to put the SP much higher then what we are trading...

Good to see Coffin's update...let's read Hoy and Lundin now...

lot of interest coming from all over...not materialized yet...but if people are new to this play...they need to do some DD before they jump in...

at this price, I am amazed that a chinese company hasn't start accumulating!  Lol!  NPV of 147 milliom for 30 millions!  Plus cash flow generated shortly...and profit flowing in after 15-18 months!!  C'mon, where are those deep pocket...I can't believe nobody is lurking...doesn't make sens to me...

As we speak...someone with 80 million can buy this company, build a mine and make almost 150% of profit over the next 7 years...  And put their hand on a claim that might end up containing many million of onces!

wow...seems unreal that we are still at 30 millions!
Bullboard Posts