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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 > I am going to offer a different more hopeful take
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Post by goldstd69 on Feb 12, 2024 3:19pm

I am going to offer a different more hopeful take

Lion One has a lot of potentially rich targets...most of their money is going to the production side...I think the recent raise of funds is for exploration....the weather should be favorable soon to drill drill drill...I don't think there is some kind of issue going on...I may be wrong but this is my take on the overnight fund raise
Comment by Puma1back on Feb 12, 2024 5:01pm
There was money on the table & these guys have shown time & again that they are not shy about taking it when it is there. It does lead to hiccups but it will fill that down GAP  
Comment by lumpy13 on Feb 12, 2024 7:20pm
In the long term, I'm optimistic about LIO.  That being said, selling shares at 50 cents when the market price was 70 cents (and with 65 cent warrants) was stupid.  (Or, as I have seen with other gold companies, the shares were placed with friends and family.) They raised C$10.5m and the company market cap has dropped C$40m.  This often also happens with equity placements ...more  
Comment by steve55 on Feb 13, 2024 3:43pm
it's always the big ones that win;they don't care about the small investors.
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