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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

Lion One Metals Ltd > New Press Release - Lion One Announces Terms of Upsized Fully Subscribed C$10.5 Million Offering
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Comment by woolco on Feb 09, 2024 7:54am
Makes me want to puke. Gross mismanagement  Are they really that desparate to give a full warrant that can be exercised at any point fo 3 years....AND....sell shares at 40% below 200 day moving average. The Board needs to Be FIRED! ....and or a class action brought against them A total wipe out...that will leave the retail investor holding the bag at 40-55 cents per share for at least a ...more  
Comment by Rabiger1289 on Feb 09, 2024 9:54am
Looks like another NVO, not good
Comment by forwardflash on Feb 09, 2024 12:44pm
They never  carried about the share holders, this stock is done.
Comment by WhiteAmur on Feb 09, 2024 12:53pm
GD I Suspect this movement on the $13 m has to with the acceleration of building of LIOs new plant. If gold does go up, it's prudent to capture as much profit as possible. Store house what they have produced since October 23,  That golds valve is just increasing. Or second assumption, is they are going to go with the 1200 ton plant,and accelerate  construction of it.
Comment by mjh9413 on Feb 09, 2024 2:56pm
Paying over 13% 9n loans and doubt they cud get any more loans so, yes, equity diluion at fire sale price.. Do they even give numbers on gold dore produced since first pour? 
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