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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 Tommy10on Aug 13, 2018 10:14am
72 Views
Post# 28449105

RE:RE:Talked to TD Guy as to Why I Can't Place Order Myself.

RE:RE:Talked to TD Guy as to Why I Can't Place Order Myself.I am not a believer in conspiracy theories either however this one has me perplexed. The SP keeps correcting back to the .50 cent level and with a huge amount of management and institutional money invested it's easy to move the price down. There is lots of activity around this stock but you have to hunt high and low to find it. Wally doesn't seem to want to follow the model of all the other miners and promote the living day lights out of it. He simply puts out the news when he sees fit and keeps plugging along. I'm pretty sure the deal is already done and the delays in releasing it have to do with the Gold price and the time of year. Most North American Execs take the month of August off and with the gold price dipping it doesn't make sense to release news now. I'm sure there are a few dots and crossing of T's that's required and it will all get done in due time when the big money is ready to jump in. I'm  more than happy to continue buying if people wish to continue selling. This project checks all the boxes for a mine that will be built and if I can pick up shares at a fraction of what they will sell for down the road I'm fine with that. Enjoy the summer.....
Bullboard Posts