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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 reddog11 on Sep 21, 2023 12:50pm

ouch

Life isnt fair is it.

Amazing bonanza grades / opening mine / cash flow coming and little respect.

When / if the miners reverse I think we should be on radars...maybe.

jmo

RD

Comment by cyber37 on Sep 21, 2023 6:49pm
This low price only makes Lion more attractive as a TO target....all is happening for a reason.  G37
Comment by reddog11 on Sep 22, 2023 11:49am
Once production starts I believe there may be some move upward with or wihout the miners. Quick math puts 300 tons per day at assuming 20 g /ton at about 53,500 oz per year. If we can get a recovery rate of $700 net at $2000 gold. the we can net about $37 million per year at the 300 tons per day. AT 500 tons per day it moves up of course. At present we are only showing a resource of 1 million oz. ...more  
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