Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.WT

Metals & Mining Gold

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

Lion One Metals Ltd

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Comment by Donfinanceon Nov 19, 2018 2:43pm

48 Views

Post# 28995981

RE:The Line

At first, I though that gold price going under $1200 was the culprit. Now with prices stable and well over $1200 and trending upwards, we should be back to the 50s.

I’m now I'm also starting to think that maybe someone is indeed keeping the price down… most likely the financer who is waiting on a signed LOI since June??

With all the progress that has been made with the infrastructure work, promising exploration opportunities, gold sector trends, troubles in the pot and crypto sectors, global economy anxiety, recent favorable Fiji election results, etc. I can’t see any other reason why this stock is where it is...

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