Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Tommy10on May 26, 2017 4:27pm
137 Views
Post# 26290364

RE:Sigh

RE:SighLionOne, no need to get hasty. We would all like to see a higher share price however that just isn't in the cards right now for a variety of reasons in the mining sector. A few miners are performing well however the majority are floundering just like LionOne.
I haven't heard of any analyst or "expert" indicate this mine won't be built at some point in the future so hang on and you will be rewarded.
Regarding your points above, most have been addressed and answered "in a round about way" in the recent presentaion. An experienced management team would not draw attention to the items they drew attention to if they weren't confident in there outcome. And regarding the warrants at $1.35, there is lots of time left for those to be exercised. The company is not in need of funds at this moment so it really doesn't matter at this point. I'm quite confident this company will be trading around $2.00 when it comes time to exercise those warrants. 
And finally, you can't be that seriously underwater on this one (unless you purchased 5 or more years ago) and if that's the case, average down and get ready for the big move.

Good luck
Bullboard Posts