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.

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Lion One Metals Ltd > Price

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Comment by BearKilleron Apr 07, 2021 1:42pm

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Post# 32950319

RE:RE:RE:Price

IMO the market is waiting for the feeder system QH has been talking about. In my experience, the best bang for investors is to grow the resource and then sell. Becoming a full fledge mine is very costly to long term shareholders as dilution is guaranteed.

Sumitomo is already on their board so when they hit that feeder I would expect the price to reflect Lion1's true value and wouldn't be surprised by a sale to them at that point.

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