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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

Comment by forwardflashon Nov 28, 2022 2:37pm
222 Views
Post# 35134567

RE:RE:RE:Tom Petty

RE:RE:RE:Tom PettyI'm sure most people who hung onto this stock for ten years is underwater because of inflation and dilution.  And the question of how much it will take to get the mine producing is a good one.  One that anyone could get an infield estimate if they did they home work.  "The U.S. dollar has lost 27% its value since 2010 Updated: November 10, 2022 $100 in 2010 is equivalent in purchasing power to about $136.67 today, an increase of $36.67 over 12 years. The dollar had an average inflation rate of 2.64% per year between 2010 and today, producing a cumulative price increase of 36.67%."

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