Bullboard - Stock Discussion Forum Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.WT

Metals & Mining Gold

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

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TSXV:LIO - Post Discussion

Lion One Metals Ltd > From Ronan Geoghegan LIO head of IR / Corporate Development

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Post by WisGuy1 on Mar 25, 2024 7:45pm

From Ronan Geoghegan LIO head of IR / Corporate Development

Ronan Geoghegan (head of IR)

6:26PM (5 minutes ago)

to me

Hi Mxxx,

Unfortunately I don’t have any major insight as to why the share price has fallen over the past few days. There’s been no news and no changes on our end, and I’m not aware on anything specific that’s occurred in the past few days that could have elicited a sell-off in the stock.

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Comment by reddog11 on Mar 26, 2024 8:18am

Well, that is facinating. No Idea? Any current shareholder knows why. LIO issues massive dilution well below market and a three year warrant without any heads up as to why. The question is NOT why has the share price plummeted. The question answered should have been WHY did LIO need to do this now? To bump to 500 t/day? 300 was fine and we could have taken our profits and explored ...more

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Comment by steve55 on Mar 26, 2024 9:40am

i also think inflation , cost of operating a mine in this context has to do something with this;there's an article in kitco about mines struggling to make profits because of inflation. Another factor could also be the Bitcoin attraction presently.

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