Lion One Metals Ltd (LOMLF)

[miningstock1]

Brien Lundin's comments on Lion One Metals LIO-CAN, LOMLF-US

"One recent addition to Gold Newsletter is Lion One Metals Ltd. We had previously recommended the company, but it went relatively dormant as the market went into its multi-year malaise. Lion One is headed by noted mining financier Wally Berukoff and it was rejuvenated when it became apparent that Berukoff was going to move the company's Tuvatu gold project forward. Berukoff is a proven entrepreneur in the resource industry and his decision to once again advance the company caused me to put it back on our recommended list. Lion One has a clear path to production. The capital cost to build a mine is going to be $40M or less and I don't think raising that amount will pose a problem for that group, even in this market. That's a company looking to take advantage of the next up cycle. . .Lion One will obviously need some permits but a good bit of that work was done while the company had supposedly gone quiet. Fiji is generally pro-mining and many locals are looking for work, so I don't really see any big roadblocks as Lion One advances Tuvatu toward production."

- The Gold Report Interview with Brien Lundin

http://www.theaureport.com/pub/na/16264?utm_source=delivra&utm_medium=email&utm_campaign=Gold+final+9%2D15%2D14
Read more at http://www.stockhouse.com/companies/bullboard/v.lio/lion-one-metals-limited#ZQzzr1gqoZ7puvFj.99