Member Info for djwall1s

No wonder you're called 'deepjoy'.

"The decision to prioritise establishing the expanded businsess proposion rather than seek an immediate return to the market was not one taken lightly but the Board is confident that these developments will ultimately deliver a superior result for shareholders and customers alike."

Calm down.

Afaik, it's pretty much a continuation of the current situation, dormant shares in account.

""The Board of Lionsgold thanks all of our shareholders for their patience during this period and we look forward to releasing further information to LION shareholders over the coming weeks that we believe will begin to explain the additional time taken to maximise the Company's commercial opportunity."

Yes but afaics, the wait is justified by a superior product and I'm grateful for the lengthy RNS.

It is disappointing in that respect but if this thing is as serious as they seem to indicate it is, then so be it.

"The Company's core financial technology platform, being the gold currency known to date as "Goldbloc®" has evolved considerably and the Company has been working with a leading London advertising agency to develop the branding and consumer messaging to better communicate the purpose and benefits of the product and scope for future ambitions. A further update regarding the gold currency and full-reserve banking platform will be released to market prior to 12 November 2018."

Sounds good.

Think a lot of stuff across various boards got wiped this morning.

Londonsoutheast went down again and lots of data went missing or failed to appear. People were talking about it on Twitter earlier.

It's possible but we need to take huge care this time round not to turn this into another cart-before-horse Newmont scenaRIO.

As far as I can remember, he didn't specifically said: 'LION will be a mid-cap company'. That allusion came from here. Are we technically a nano or a micro cap company - and was he was thinking of valuation in USD or some other definition? I'm not making excuses, it was really unclear at the time but people just ran with the assumption that he must be stating we'd be a mid cap by year end.

He said something like 'I can't see us being there' (nano or micro cap) but it was sort of vague.

Then again we've been suspended most of the year so any chance we had to get to another level has been taken out of his/our hands anyway. Nobody foresaw this. Did the suspension turn out to be a blessing in disguise allowing for Goldbloc to 'expand' into something else (allegedly) or was it on the cards anyway? Will these developments help us get off the nano or micro cap level (depending upon what your view is)? Time will tell.

OLD is not 3.5 months ago.

These guys?

http://www.sprott.com/our-firm/

"During development the scope of GOLDBLOC has grown to become the foundation of a gold banking ecosystem which has required additional planning and integration with our technology partners Railsbank (of which LION owns 12.5%)."

I keep coming back to that statement by CP from early July and can't help thinking how that is such a bold claim to make. The definition of 'ecosystem' is very interesting.

23 March 2014.

But thanks anyway, it's worth bookmarking that site to keep an eye on.

That's a nice thought but if it's the 'news' we all want then if the market had got wind of it shouldn't we be closer to 1p by now?

Idk, just saying, the rise seems like a readjustment as news gets closer and people want in. But let's see. I'm not close-minded to the prospect someone might know something but market is not running away like you'd expect it to.

Does anyone have any links to any Ghanian sources or government pages that would indicate officially when these things get the green light?

I'm still very positive about this. Rightly or wrongly, I feel like a lot of work has been going on in the background, possibly more than we realise and hence the (often annoying) silences. All these little corporate moves to get back to trading signal are imo a good sign.

We really don't know what's going on with the app, all we know is the 'scope has expanded' which may well mean Android is now onboard or anything else.

I feel like they've been playing their cards really close since the outset, to an almost irritating degree which shuts out investors too. The suspension was unexpected but has almost given LION carte blanche to continue without releasing much news or doing anything like podcasts or interviews.

Now, they will know more than we do about their own product, its scope, it's competitiveness and its competitors. The blackout may well be very normal for techie firms that don't want to give a sniff of their game away, even if that means snubbing investors. Although having said that Cameron Parry is quite approachable and reasonable (and also at work a lot!), which should be at least reassuring on that front.

If they can justify the lack of noise with a good working product by year end then I think we'll all breathe a collective sigh of relief. If it's out and it works, there may even be a turnaround in sp and market cap, who knows what they have planned. But I'd long since written off this year to focus on next.

It really is down to them now. Never mind the app the website needs a total overhaul as well (though someone posted that is in the works for 'nearer the time'). All we can do is watch and wait.

A lot depends on what we get TOLD to justify any rise at all.

Our fortunes rest on not only news but how it is presented. That could be anything from a total ops update on all fronts in one RNS (preferable imo) to dribs and drabs or a complete dearth of solid news on relisting day, or more delays. We just cannot know until they let us know. Anything less than firing on all fronts with Goldbloc and likely in for a bumpy ride imo and people will just have to exercise further patience. On the other hand, should CP pull a rabbit out of the hat...who knows.

In the meantime it's probably best to look on the bright side and take the signals we've had so far as a positive, certainly moving in the direction we want.

Honestly, you've no idea how happy I'd be if we got to just 1p!

I should stress that the although the flow of conversation might make it seem like the OP is still stressed after talking to CP that doesn't appear to be the case. The last thing that has happened in the timeline is that he spoke to CP.

I'm hoping that this bodes well and that LION have been quietly beavering away in the background, ready to reveal all soon.

Conversation from Twitter between two chaps re: LION.

"@alans27
5h5 hours ago
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Replying to @Amanbadboy77 @LIONSGOLDdotcom and 2 others

I wouldn't stress too much mate. I've seen reverse takeovers before and often you hear next too nothing until the day they announce they're gonna relist. Onz was exactly the same before it became n4p and they left the relist to the very last day.

1 reply 0 retweets 0 likes
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@Amanbadboy77
1h1 hour ago

Thanks mate, I spoke to Cameron yesterday."

I'm not on Twitter so cannot ask him what he spoke to CP about but there you go. CP obviously still around.

This company has not had the best comms for its investors and we're still far from solid ops updates of any use. But the squeaky wheels of readmission look to be turning at least and, as the Twitter poster says, things do come together near the finish.

Looks like a company planning to comeback to me. :)

It's LION so I'm not personally expecting a wealth of sudden news. Knowing CP we could get a 'surprise b1tches!' RNS explaining everything minutes from the twelfth hour, by which time people have again bitten their fingernails off.

But, the new address and exercise of warrants, plus CP's cashing in of his Coinsilium holdings appear to signal moves are afoot. Let's wait and see what this brings. Hopefully it's the beginning of the road back.