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 ittwoon Dec 19, 2019 3:32pm

195 Views

Post# 30473968

RE:Retail Never Learns

I'm out today despite the results - sell on news as they say.

There may be more positive drill results to come but the price can't be sustained at the pace they're drilling. I think we've reached the top of the coaster. Either way, I did OK.

And there will be lots more dilution to come if they want to see a multimillion oz resource proven up.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages