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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 LionOneon Aug 28, 2016 3:56pm
112 Views
Post# 25184974

RE:RE:RE:RE:RE SIMON I HOPE THEY KEEP ON DOING SO POORLY !!!!

RE:RE:RE:RE:RE SIMON I HOPE THEY KEEP ON DOING SO POORLY !!!!Simon, if the stock price was up during the last year, would you have sold? Do you think that Walter B. was able to negotiate a better deal with gold at $1,100 or $1,300? Was Walter lucky or just that smart? Either way, I believe that he was able to negotiate superior terms by waiting.

In addition, with gold at $1,100, were there firms that were unwilling to offer terms? I remember last year, there were many gold pundits calling for gold to hit $800.

Do I agree that comminication has been poor? Yes. At the end of the day, I am convinced that Walter is and was operating in the shareholders best interests. Lets remember that Walter owns 1/3 of the outstanding shares, hopefully he is not looking for a write off!

I am not sure that I understand what your point is regarding the stock price. I am long Lion One and have been for a long time. I am under water but still believe that this stock has tremendous potential. If gold breaks out from these levels, I believe that Lion One will be extremely inexpensive at these levels.

Good luck to all longs.
Bullboard Posts