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Lion One Metals Ltd V.LIO

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

Metals & Mining Gold
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

Lion One Metals Ltd
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Comment by newsimon1707on Sep 16, 2016 12:32pm
120 Views
Post# 25245315

RE:RE:RE:RE:RE:PP closed $38 Million

RE:RE:RE:RE:RE:PP closed $38 MillionNot sure the 15X ratio can be applied...  The mine life you used is 12 years...  Not sure the same ratio applies to small operation mines with 1 project...  Compare with Barrick who owns numerous projects...

I think gold is hurting the SP today...  I also noticed that TD and RBC are selling....probably retailers
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities