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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
Post by ctoivoon Dec 06, 2015 11:41pm
249 Views
Post# 24360241

Mann

Mann     There's no doubt management could have periodically provided more information to the public.  A good example is the Metals forum presentation by Stephan Mann.  Myself and a lot of others  would have loved to have seen that great video 6 months ago rather than just happening upon it recently while browsing. You'd think the company would have proudly sent this out.

   I've been curious about Mann,  our managing director/ geologist. To see him in the flesh while presenting such  an exiting company and prospects was very interesting and valuable. *(and well worth a second watch, I think)

    From the Proactive Investors site: ".Mann has more than 30 years of experience in mineral exploration and mining, and was credited with the discovery, development, and initiation of mining at La Mancha's Frogs Leg and White Foil gold mines near Kalgoorlie, Western Australia. (They're both well known, long term, highly successful operations)


With his resume, its worth paying attention when he says;  At about the 8:40 mark in the video, while  speaking of LION's exploration potential, " about 40 km away there is Tuvatu's little brother , Vatakoula, that has produced  7 million ounces and has 4 million more."  I needed to replay that part to make sure I heard him correctly. His face wasn't on screen when he said that,so you can't tell if there was a little smile when he made that comment, but I don't think so, (he seems to be a serious Mann). I think it was said because he know's its possible. (Remember Wally Barukoff thinks it may be his best prospect ever --Northern Orion  $1.1 billion , Miramar Mining sold to Newmont for $1.5 billion )

     The wait for financing is vexing to all investors. but we don't want to rush a deal and get any more dilution than is absolutely necessary. (Most all gold companies haven't been going anywhere either)
  . I think if gold hadn't gone down since the PEA came out, we would likely have had a deal already and we'd be on our way..  (I think that the paper gold hokey-pokey business will be coming to an end before too long.)  Even so,
This mine will get built regardless.


 The wait is vexing too, because it would be great to  see more of whats down there. Towards the end of the video, Stephen becomes  animated, (For a  serious presenter) when talking about the many  other virtually unexplored areas and lodes away from the mine but on Lion's tenements.

I Can't wait to see some drilling on the rest of the property, starting with the '290' zone, over a mile to the west, where at the surface, of the  350 meter vein were found rock chip samples of '293' g/t and 37, 30, 50, and 124 g/t .  (saying nothing of when they drill deep and down around where they found that 14 feet  of 250 g/t gold.)

 Big Brother?.

Something to ponder.
Share price then ?

 https://www.youtube.com/watch?v=iNVRQRYNZLw
Bullboard Posts