Lion One Metals Ltd V.LIO

Price

[heybulldog]

I haven't been too concerned about the price. Everything has been hit with the downdraft of gold although today's rise has been tepid so far.

Lion will make investor's money going forward but one must temper their expectations. If one keeps reading all the hype on bullboards such as CEO you will be disappointed.  Talk of 15 to 20 mil oz's is hype at this point. Sure it might be there but not at the pace Lion is going. For example to prove up a 10+ mil oz resource Great Bear has a  175,000 meter program which will bring the total to 400,000 meters. Compare that to a 20,000+ meter program Lion has. Think snail.

The other problem is the person with severe procrastination issues.  The market is looking for more than good drill results at this point. The building of a mill will be the game changer and the fact we've gone this long without one being announced is disappointing. Hopefully that will change.

[RHertig]

Is that common to have six drills going and only get 20,000 m out if it? How may rigs does greatbear run? Sorry if questions are basic. I am trying to diversify from mostly knowing oil.

[heybulldog]

I would suggest you check out Great Bears March 1st news release to get more information. I don't want to be accused of pumping like saying Great Bear has the best management team bar none....LOL   On a twelve moving average Lions meters drilled should start heading up.. There's been crew experience issues and getting up to speed. Those issues will be solved. The two

[BearKiller]

IMO the market is waiting for the feeder system QH has been talking about. In my experience, the best bang for investors is to grow the resource and then sell. Becoming a full fledge mine is very costly to long term shareholders as dilution is guaranteed.  Sumitomo is already on their board so when they hit that feeder I would expect the price to reflect Lion1's true value and wouldn

[cyber37]

Yes... "hopefully that will change"; as in change the management . G37

[cyber37]

In 2016 LIO was trading (on a good day) at $1/share - fast forward to 2020 March 9; LIO closed at $1.26/share. How do you define incompetence.......look up LIO? G37

[steve55]

We have fantastic news and it's going down. I think it's because we're missing the element of surprise with this company.

[ubiquitousman]

So far the news is they have 2 more drills on location and should be able to "get after it" drilling core holes. Let's hope so. They need to move this project along. More importantly they need to find some thick super high grade interecepts, every exploration companies "dream". Very disconcerting price action over the last 7 months. Down just over 50% from the highs and

[steve55]

there's no way I'm selling my shares neither;they only found the tip of the iceberg up to now.

[BearKiller]

The price action can be attributed to naked short sellers. It's a part of these juniors. When they start rolling out regular results again we should see that crowd disappear.