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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 > Started BUYING here TODAY! Crazy DEAL!
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Post by crazytimes on Jul 19, 2024 3:50pm

Started BUYING here TODAY! Crazy DEAL!

Tough financing, but it's not just here. Anyone looking for cash is getting beat up pretty hard in this market right now. But the fact that they are getting oversubscribed interest is postive. Just started looking into this company today and was drawn in by the haircut. Have to think alot of new buyers will come around and hopefully it will bounce sooner than later. Looks like a great time to start a position and if you are already in to average down a little. Just my opinion.
Comment by Puma1back on Jul 19, 2024 4:59pm
Eight Capital were in the market between 10:30 and 1:30 and bought a million shares today.  i only hope that the additional funds do not get pissed away drilling out more stupid holes - as suggested before and proven today, the market only cares about the gold mining right now and self funding or borrowing against ebitda.  
Comment by goldstd69 on Jul 19, 2024 9:46pm
the raise is oversubscribed which is a positive...but seems like management has strange relation with shareholders...diluting when they are supposed to be making money mining....but I did buy at these prices mainly on the exploration potential and that is what the new money raise is for I believe....not a big investor but I am stubborn and still believe in Lion One....jmho dyodd
Comment by mjh9413 on Jul 19, 2024 11:12pm
The feb 9th deal with Cantor included Eight so I guess these brokers have them ver a barrel in terms of the deal they got then and thi latest one. Feb's was 54c with 65c warrants and now e have 37c with 50c warrants. Really stinks they did not get a better deal but this is Fiji and a mine that while it looks promising probably has undefined risks. The tannages and gold extracted in May & ...more  
Comment by Puma1back on Jul 22, 2024 4:25pm
the trading today was much less volatile than the day 2 trading in February- that deal looks like it was underfunded from the get go in hindsight.  We will have to watch the next few days and see if it continues with this lower volatility. if the likelihood of another forced financing can be removed from the horizon by pumping out 4,500 oz of gold a quarter we could see a short lived bottom ...more  
Comment by Puma1back on Jul 30, 2024 2:56pm
we have had red days only post the finance but the trading is definitely different than after the February deal. Notwithstanding these red days, the real lot volumes have continued to be on the buy side. As well the program sell trading anonymous was executing before this deal has yet to return.   
Comment by woolco on Jul 22, 2024 11:31am
I guess you are down already.....and will likely be upset like most of us bag holders that participated or bought much higher....when they raise at 15 -20 cents in 6 months...and the share price drops to 15 cents....you will understand.  GL...you will need it.
Comment by forwardflash on Jul 22, 2024 5:53pm
A lesson I learned forgot then learned again.  I had it correct when I traded this stock,  when I bought to hold I got stung.  People on other boards didn't like Dr. Hennigh pushing it, guess they knew him better than I.
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