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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 Tommy10on Jan 10, 2019 9:46pm
72 Views
Post# 29216043

Nothing new here.....

Nothing new here.....We've all seen these things play out many times before and this project is doing the same. One or a few of the big miners have their eye on the project and are keeping the price at bay until they need to act. Someone keeps feeding the trough to keep the price down and that's just fine with the big boys for now. Things are being put in place by management and when everything is ready to go the big miner(s) (or investors) will step in.
This mine will be built and will produce many multiples of what it's at right now and all the players know that.
Gold will continue to climb, the economies of the world will continue to be propped up until they can't be any more and eventually Gold will be were the S&P was ($3000ish) and the S&P will be were Gold is ($1300ish). And at that point we will all cash in and go buy a tropical island...... or something like that. It's all working as it should and always has. Enjoy the ride...
Bullboard Posts