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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 forwardflashon Aug 12, 2019 12:58pm
49 Views
Post# 30018459

RE:Financing.Looking Even Better.

RE:Financing.Looking Even Better.Agreed.  Around the world rates are being cut and by a big amount, heard india 60 BP, New Zeland 50 plus, other countries to a lesser but still significant amount, some are in minus territory now.  The US has only 2.25 BP left to work with, looks pretty ominous to me.  US elections around the corner of course the pressent administration will paint the pretties picture they can, which I'm not buying.  On top of this US GDP dropping , manufacturing output continues to be revised downward, corps have twice the debt they had before 2008, consumer up to their eyeballs in debt, autos not selling, on it goes.  While China according to my sources has increased exports through new markets, and their growth down but still pretty robust at 6 percent.  Trump panicking clamouring for bigger cuts, however the past QE except for Wall Street have yeilded little results, more like delaying an inevtiable reset of the USD, and proably a reset of the US/world.  if anyone thinks QE will work this time, please clue me in. No shortage of creditable people like David Stockman for just one example, saying its coming and it will be worst than 2008. Getting to my point now with all this and more, I can't see how gold doesn't go higher this year.  With the latest already well documented very good news from LIO, if the potential pans out this could become a very lucrative leveraged play on gold.  
Bullboard Posts