RE:RE:RE:RE:I wasn't Buying Today.It was Someone Else.As much as I'm a fan of this project and do believe people are making a big mistake selling at these levels I do agree with you @heybulldog. I did hear early on regarding the last financing that some believed the financing was to rich a pricetag so I was prepared for a long wait as they waited for the warrants to expire.
I also believe that we would be alot farther ahead today if the other financing had gone through but it is what it is. Wally and the Management team have done many more of these than I have and I have to believe they had the best interests of shareholders in mind when they decided to pass on the last one.
I'm confident we will get this deal signed very soon (I actually believe it's already done, just a matter of dotting "i's" and crossing "t's") and it will be done. At that point this SP will be a distant memory and everyone will be handsomely rewarded.
As I've said many time before, if you are going to play this game you have to be patient and be prepared for many years of uncertainty until things actually do pay off. I've held many companies like this one for 8 - 10 years and the majority do pay off very handsomely.
Once this financing gets finalized we will quickly climb above $2.00, hang out for a while, then $5.00 and once we hit that level the skies the limit as the investment firms jump in and push it to substantial higher prices. Lion One, the Tuvatu mine and all the surrounding lands will become the next big gold battle ground and many majors will be fighting it out for Lion One's property (and may already be doing so).
Enjoy the ride and pick up cheap shares as they will pay off handsomely very soon.