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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 nozzpackon May 09, 2024 5:53am
111 Views
Post# 36030484

RE:RE:RE:RE:RE:RE:nothing moves the stock

RE:RE:RE:RE:RE:RE:nothing moves the stockMy apology of understanding .

Its a muderous tough market out there in which to raise financings as most gold stocks have been naked shorted for the purpose of forcing financings at very low prices.

That May be the case here, as elsewhere .

But, this is one of the better investments for emerging gold producers that I can find.

The potential upside is huge, as drillings are confirming that this Alkaline gold deposit belongs in the ranks of its siblings around the world.

That is, eventual defined gold resources will be above well above 10 million ounces , to say nothing about polymetalic VMS potential .

From this emerging perspective, current targets above $2.50 may not be unrealistic .

Again, my apology for my comments..
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