Lion One Metals – Near Term Production and New Exploration Potential
Lion One Metals (TSX.V:LIO) is a gold Company that has a near term production story with some large exploration potential. I had the chance to chat with the President and CEO Wally Berukoff as well as the Company’s Technical Advisor Quinton Hennigh. Wally provides the information on the current status of the Tuvatu Gold Project in Fiji and what comes next to move the project into production. Quinton weights in with the exploration potential the Company has after acquiring adjacent land around the known resource.
Please email me if you have any other questions for the Lion One team – Fleck@kereport.com.
Click here to visit the Lion One website and read over the Company presentation.
I bought my shares 3 years ago and will be adding more. Mr. Berukoff will produce a big winner with Lion One.
What kind of government does Fiji have?
Fiji has a parliamentary form of government, they are pro mining, and rank well in the list of countries that are investment friendly. Any investor who does some hours of solid DD on LION and their website will want to become partial owners of this mining company.
They most likely have an additional 5 to 10 million ounces gold p,us 200 million dollars in royalty money over time from magnetite production from a property they sokd
This company has $10 million in the bank, almost 1 million ounces and is fully permitted. Enterprise value of about $45 million US and Quinton Hennigh advising them. You can buy cheap today or wait patiently and pay ten times more down the road after more drill results.