Lion One Update: Eric CoffinLion One Metals (lIO-V; $.34) announced that the Chairman's private company is lending LIO $500,000 on favorable terms. While I don't think theat Lion One was in dire straits it's true that the company has been pushing hard and hence spending money on several fronts lately. It is no secret that management wants to avoid a lare equity placement unless the pricing is good and it accompanies a larger financing package to move Tuvalta to production. I know management has been negotiating with several parties and has been close to a deal. I am sure that the stalled gold price has been making it difficult to get these groups to sign a deal, or at least sign one that didn't have horrible terms. I still expect Lion One management to get the job done when it comes to financing Tuvatu. I expect a decent gold market through early 2016. I'd rather see things dragged out a bit longer than have LIO sign a lousy deal at what I hope is the bottom. I'm sure tha Burkoff has plenty of uses for his money and its good to see him back his conviction about Lion One with meaningful cash. Buy on weakness as a bet on LIO getting a funding deal done on Tuvatu in the nex few months.