Moriarty: Lion One & the Curse of Rich Projects
Bob Moriarty
Archives
Aug 19, 2022Lion One (LIO-V) came out with a press release in early June that shot the shares from $1.04 to $1.67 in less than a week. Obviously the results were excellent. Most of the people who read it appreciated it for what it was. One of the clowns who posts on CEO.CA maintained that the company was only finding high-grade but narrow intercepts and didn’t believe it could be put into production.
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I’m actually really surprised that Lion One is his largest position.