Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by heybulldogon Sep 14, 2021 6:16pm
182 Views
Post# 33859283

RE:RE:RE:RE:RE:RE:Wally Talking About Protecting from Hostile

RE:RE:RE:RE:RE:RE:Wally Talking About Protecting from Hostile
Oh Cyber37 - you have no faith. Maybe you missed this but they do have a plan.

Vancouver, B.C., August 24, 2016. Lion One Metals Limited (TSX-V: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSX: LY1) (the “Company”) is pleased to announce the signing of a non-binding Memorandum of Understanding (MOU) for an EPC Contract and Vendor Financing Agreement with Ansteel-CapitalAsia Global Engineering Inc. (the EPC Contractor, or Ansteel) covering a comprehensive Engineering, Procurement, Construction, and financing package for the development of the Company’s 100% owned and fully permitted Tuvatu Gold Project in Fiji.

I'm still waitng for an update since they have never informed shareholders that they decided not to go through with this plan. So I think they are still just working out some details - right!! LOL

But if I lose faith - well there's another plan:

North Vancouver, B.C., June 4, 2018. Lion One Metals Limited (TSX-V: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSX: LY1) is pleased to announce it has entered into an indicative term sheet with Sinosteel Equipment & Engineering Co., Ltd. (“Sinosteel”) of China and Baiyin International Investment Ltd. (“Baiyin”). The term sheet incorporates an EPC and gold dor off-take financing facility totalling US$40 million (the “Facility”) for mine development and construction of the processing plant for the Company’s........

Again this plan has never been rebuked by the company. If they had decided not to go forard with this plan they would have  informed shareholders wouldn't they!! LOL

The fact is if the project wasn't so good or Qh had arrived on the scene I would have been long gone. There's still a good chance to make money here and I think we are getting closer to that point. Now it won't be as much as I thought considering factor such as time decay but profits there should be. Gotta hang in there and laugh a people over at CEO thinking their "somebody" is playing 3d chess. LOL

<< Previous
Bullboard Posts
Next >>