Bullboard - Stock Discussion Forum Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.WT

Metals & Mining Gold

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... see more

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TSXV:LIO - Post Discussion

Lion One Metals Ltd > Maund's conclusion

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Post by WisGuy1 on Jan 25, 2022 4:37pm

Maund's conclusion

The conclusion is that this is a great buy spot for Lion One, as in addition to the excellent drilling results out today, there was a dramatic reversal in the broad stock market yesterday (maybe the Fed just created another trillion) and a parallel reversal in the precious metals sector with a bullish candle (dragonfly doji) appearing on the GDX chart. While the price is obviously likely to be positively affected by the news, it will probably take a while to filter through to many investors, some of whom may still be shuffling around in their carpet slippers with a bowl of Cheerios having stayed in bed with the wife. So with a bit of luck we can do some buying in the early trade before the price gets moving in earnest. Lion One is rated a strong buy here for all timeframes and not regarded as particularly speculative.

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