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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 ctoivoon Dec 22, 2017 2:29pm
198 Views
Post# 27217963

RE:RE:RE:A 'buy' rating

RE:RE:RE:A 'buy' ratingCurious you should ask, Auburn, but I'll pretend its some of your business.

      I used to speculate a lot in different junior gold and silvers.  Did well on some...(got in on the 10x Atac rise, bought early into Probe before Goldcorps bought them etc)...but had some flamers as well of course.  If you go back to my posts before the summer of 2015, you will see a lot of different companies that I wrote about.
    Although I had owned LIO shares for a long time. when LION's PEA and permit came out in 2015, I sold a number of companies to buy a lot more of LION because it went from a speculation to what would be an  investable mine.  I believe I bought more shares in that period than any other individual. (selling those other companies and buying  has turned out pretty well...except for GGI which went up 30x higher than when I sold it--ouch).
   
     LION's development has taken much longer than many of us had hoped, (they had talked about mining 1st quarter of 2016).
 But we are underway and its still simply a terrific investment in a new high grade mine which I believe already has much more gold and mine life than is listed in the PEA.  Plus, it has tremendous exploration targets at Tuvatu, in  the original tenements, and now in Navilawa and the rest of the new areas.  Its the best of both worlds.. a hybrid as Lundin puts it.
   The U.S. $47 million market cap, tremendously undervalues this mine and company.  Anyone selling or hesitating to buy, can't be paying  attention.

   Hope this answers your question, Auburn.  I see in the year or so you've been with Stockhouse you've had 33 ignores.  I can't argue with those numbers, and will be joining that bunch.


    
Bullboard Posts