Lion One Metals Ltd (LOMLF)

[ctoivo]

The best time to buy a gold producer
from the Finantial Post on Tuesday.

What’s the most attractive segment of the gold sector? A new report suggests producing companies with new projects are a good place to seek higher-than-average returns............He found that the best point to invest is almost always one year before commercial production. “We feel the same thesis could be applied towards producing companies with new projects where investors will only ascribe significant valuation once a new mine is about a year from completion and no financing overhang exists,”

Lion should have a relatively low Capex. (We'll see in a few days), and it will likely be a good buy for years due to the great exploration potential.

http://business.financialpost.com/investing/trading-desk/the-best-time-to-buy-a-gold-producer?__lsa=7ee7-b3c1