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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
Post by ctoivoon Sep 29, 2017 10:14am
137 Views
Post# 26758207

Opportunity

Opportunity     Some entity decided to bail for whatever reason which has created a sale price of shares.

   The company didn't hire the former Pretium guys, Ian Chang and Kevin Li , for spade and shovel work, but to move LION aggressively forward.  It seems there is inevitable momentum to get things finalized sooner rather than later and hopefully this selling pressure will only light a bigger fire under management . 
    IMO, the seller will be shown to have bad timing, once things are moving ahead.  (Maybe pretty soon, if the rumblings out there prove to be correct)


Bullboard Posts