Tonogold Resources Inc (TNGL)

[ComstockRoyalty]

LionOre Shareholder Patience Paid Off Handsomely.

3 years and the stock went from .40 cents to $7.00

Rewarded by Mark Ashleys' brilliant work.

I'm patient and confident.
http://www.smedg.org.au/miningc/indexsep03.htm

Running Hot & Going Where No Company Has Gone Before"

In just three years the LionOre share price has romped from 40c to $7.00. Five years ago it was in survival mode. Last quarter it reported a whacking revenue of $72.1m. But lady luck has not been the only cause of this stellar rise – vision has played a big part. According to Mark Ashley the idea that a company of this kind of performance would succeed as it has came from the bunch of ex-Rio nickel traders who started it. They saw the potential for an unhedged nickel producer in a market where supply had limited flexibility and the potential for China-led demand to squeeze the market. They designed their company around the expectation of rapid growth and have already shot into the western world’s top ten nickel producers. And you if you were to ask them about the prospects of the current nickel boom they, like Ashley, would say ‘you ain’t seen nothing yet’. But even in gold, LionOre is performing well with the WA Thunderbox mine now well on its way to a nine-month payback of its $65m development capital. For future growth, it is proactively working on developing projects from within its existing holdings.

But Mark Ashley says LionOre’s vision extends well beyond cash. He is emphatic in his desire for LionOre in Australia to be the employer of choice offering a work environment that is not only physically safe but free of politics and any sociological effects that stunt work performance. The families of workers can call on various free counselling services paid for by LionOre to keep their lives on track. Even family safety is a concern with parents, spouses and kids being involved in another employee program. LionOre is a new-generation company with holistic view of success. It is building a very different reality and there is none better than the effusive Mark Ashley to explain for you which part of success comes first.






http://www.smedg.org.au/miningc/indexsep03.htm