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Bullboard - Stock Discussion Forum 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... see more

TSXV:LIO - Post Discussion

View:
Post by billfox54 on May 16, 2023 12:17pm

timing

To my eye. GDX and gold have sold down to their first line of support, and the USD has bounced off a bottom.  So I bought a little LIO this morning, for the first buy on my list.  The selloff of LIO looks like a bit of opportunity.  I won't buy anything more till it looks like the selling of gold is done.  GLTA.  Bill
Comment by TheCardinal on May 16, 2023 12:52pm
It's "Takedown Tuesday" right on time, right on schedule.  Excellent moment to start a position!  The CrimNake gold desks are running out of time as the banks they work for are telling them to "cool it, we're battening the hatches!"  with the credit contraction about to manifest itself in earnest.  Their days of playing paper gold and silver ...more  
Comment by goldstd69 on May 16, 2023 11:57pm
I bought lightly this afternoon but techinicals point to 0.47 or so for next support...does not mean we are at the low now but....who knows....these stocks are so easily manipulated...medium to long term the prices of LOMLF are cheap...not sure about short term...
Comment by goldstd69 on May 16, 2023 11:59pm
that 0.47 price is USD for the symbol LOMLF...imho the current price is cheap but again...who knows...depends of the the gold price...no recommendation  jmho dyodd
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