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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 woolcoon Jul 22, 2024 11:29am
188 Views
Post# 36142715

The management at Lion are all about making themselves

The management at Lion are all about making themselves and their buddies money.

They keep raising....massively diluting exsiting shareholders and then over subscribing.  Quite frankly they are building a mine with out a proper approved mine plan. Likely will be a huge disaster...and eventrually bankrupt.  

The way and the frequency of how they raise money and each time at a massive haircut is so bad....everyone should put this compnay on their ignore screen.  I will neveer buy a share from them...and or their managment ( once they are fired)....and go somewhere else.
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