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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 Puma1backon May 09, 2024 8:10am
83 Views
Post# 36030657

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

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

more like 40 million 


nozzpack wrote: Over 30 million shares traded since financing in mid February .

The average forecast  grade to be mined here  is based on 2918 MRE is about 8.5 grams per ton.

As recent assays show, the shallow zone grades....the first to be mechanically mined..are several times that grade.

So, there is going to be very rich cash flows from these high shallow grades  during drilling of those stopes to Zone 500.

Astute mining is all about accurate forecasting what is to come.

Instead, we have the whiners.

Dump your shares if you don't want to be invested here.
We could care less about your hind casting..



 

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