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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

Post by ubiquitousmanon Sep 20, 2022 10:10pm
294 Views
Post# 34975375

Giving the company away!! Horrible mgt. Massive dilution at

Giving the company away!! Horrible mgt. Massive dilution at 10% below the 52 week low.. They have released good drilling results lately but the price
has dropped like a rock due to this horrible financing deal. Evidently thety had a very hard
time convincing anyone that they have a veryt good prospect in Fiji based on the deal they
ended up with. Really, really disappointing.  If they really had a good story this should have
been priced at double what they priced it at( 58 cents share USD). Evidently things are not
looking that good for them in Fiji or they could have convinced someone to pay up. If they
really had something they could get a major interested and sell off 10% at a decent price.
Ugly and getting uglier. Small shareholder gets the shaft.  More low priced options for mgt.!!!
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