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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 Feb 27, 2018 11:12pm
124 Views
Post# 27633735

Good interview

Good interview      Overall, although Lundin neglects to mention the excellent exploration possibilities in the new tenements of the Navilawa caldera. The doubling of the share price that he talks about is a no brainer imo, but it won't take a long length of time or a rise in the gold price. A double is quite conservative anyway, very much so if you're looking forward a ways.
    Streicher, you mention 50,000 oz  year and say 'good luck'.  Apparently you bought stock at a $1.00 so you must have done some due diligence.  As Stephen Mann said, the original resource estimate in the PEA is a subset of what will be.  Many known high grade lodes and veins were not included, nor sufficiently explored.  Plus, as Lundin puts it (LION) has not found the boundaries of the mineralization in the (Tuvatu) deposit. It's open in all directions and at depth.   
     And now there is  the new emphasis on exploring the outlying areas away from the mine: Ura Creek, Jomaki, and Kubu. (how striking it would be if they could show a kilometer strike length over there!).
    Those $1 shares will be looked back on as a real bargain.

Bullboard Posts