RE:RE:RE:RE:RE:supposedly Lion One is to have some drill results I think Sonic's take on the AGM is correct - that they are going to concentrate on drilling Tuvata.
It's important to realize that people will come away with different takes on things.
Everyone should do their own due diligence and not simply count on some bullboard person such as myself.
The AGM didn't have me going out and buying more Lion.
Some rough notes:
* Good recap from Stephan Mann. Very informative.
^ Two deep holes to restart next week (this week). One at 790M other at ? ( can't read scribble)
30M per day ??
* QH on call but left halfway through for other call.
* Some question if one deep drill to stay or go to Banana Creek. Wally preferred staying.
*A shareholder asked about timeline for mill - very confusing answer.
( my take - no mill for now)
Ok so what do I think?
Short and long term one should do well with Lion. Good drill results will bump price up. But will the price stick. Past good results have not. If this game plan was 2 or 3 years ago - fine. Look at the graph of Lion. One would have to say the market is expecting more at this point.
At this point I have Lion on a tight leash. Good results and meeting timelines is a must at this point. The market has changed. There are a lot of good projects vying for my investment dollar.
I will be taking a break from posting for a while. Good luck to everyone.
We've been in a gold bull market:
Stock price Dec 31, 2019 1.68
Stock price close today 1.43