Lion One Metals Ltd V.LIO

FREE GOLD

[MaterialsMan]

It can be a real plus for the bottom line. KRR had what was called "The Fathers Day Discovery", which really turned their fortunes around big time. A couple of the nuggets were among the largest ever found. Free gold is kind of like a box of chocolates, you never know what you're going to get. LIO has said that there is free gold at Tuvatu.

[goldstd69]

free gold or visible gold?

[Contrarian58]

It sure isn't free, they've spent a lot of our money to find it...

[MaterialsMan]

Goldstd., I guess you might say highly visible. In the case of KRR, there was about 30k ounces in just a few meters. It was in hard rock, but, the concentrations were so great that they refer to it as free gold. They have hit more since but not near in the same quantities. The huge nuggets they found showed some quartz, but there was a hell of a lot more gold. I believe the Perth mint took the

[goldstd69]

thanks for the reply...it appears like LOMLF wants to break out higher....way undervalued imho....dyodd

[goldstd69]

LOMLF is also one of my four takeover candidates....the guy heading this company has a history of building and selling quality mining companies...Lion One may be his best

[MaterialsMan]

I believe that BTO is in their neck of the woods. If so, they may grab it. B2 just closed on a deal in Nunavat. They really liked the fact that permits were in place and plant construction was underway. If I recall correctly, LIO is at a similar stage.

[goldstd69]

after those recent assay results this week there has to be several companies taking a hard look at Lion One....K92, IAUX, and MGDPF are very susceptible to a takeover this year also....Artemis Gold is looking better to me also as are a number of explorers in Nevada finding gold of late...the mining/resource stocks MAY be starting to awaken as they are so undervalued relative to the stock market