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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 Oct 30, 2019 10:21am
78 Views
Post# 30286222

RE:RE:RE:Holding Pattern

RE:RE:RE:Holding PatternDon't have a clue to your question, but I can tell you I have flipped this stock many times in the past five years and have made major gains.  Since the addition of Quinton Hennigh, I haven't flipped one share have added, but that also has to do with the price of gold finally breaking the 1300 barrier, resumption of QE by another name, trillions world wide of negative interest rates, over priced assets, and other factors like China, Russia,  central banks and others buying gold in a big way, progress by LIO.  And the icing is new gold deposits of size are not being discovered, no new fifty million ounce discovers, dwindling numbers of deposits over twenty million discovered. All the above points to a major gold bull.
Bullboard Posts