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

Bullboard Posts

Comment by Weebleon Nov 21, 2018 11:21am

45 Views

Post# 29004741

RE:Bought More Today.

I don't think it is a problem with shorts. CEO is only showing 4000 shares short as of Nov 15th and I think somebody would be crazy to short an illiquid stock that is already beaten down.

https://ceo.ca/lio

I don't rule out manipulation though. I have seen my share purchases routed to other exchanges before. It is really hard to figure out what happens with share purchases or sells now when so many games are being played by the brokerages. It is turning me into a conspriracy theorist.

Volume is very low. I would buy more but I already own a chunk of shares and don't want to add any more risk. One good news release (or the end of tax loss selling season) could change everything.

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