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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 Mar 29, 2017 8:59am
102 Views
Post# 26045198

RE:RE:RE:speed bumps

RE:RE:RE:speed bumpsDo you remember what we were saying almost 2 years ago when the PEA got out?

we were saying that in 2 years this company will have a market cap of more then 200-300 millions...  we are still way under 100 millions...  and with all the dillution that was done (and it looked like there was an emergency when they did it... but they barelly did anything with that huge financing) even a 300 million market cap is giving us a 2$ SP only!!  Before, a 300 million market cap was giving us a 6$ SP!!

so unless we have a much much higher market cap, the increase in SP is limited...  that's why people aren't jumping on board...  we would need much more the 500 million to make all this waiting worth it!

I made more money in 3 months this year then what LIO gave me in the last 2 years!  Do this is not doing that bad...  but it makes us miss other opportunities...  and we are locked here because of promise that so far hasn't been delivered!

and we got screwed with that huge financing... that was never in the originak plan!




Bullboard Posts
Dealroom for high-potential pre-IPO opportunities