Brien Lundin, in the July, 2015, edition of the Gold Newsletter, says buy Lion One Metals Ltd., recently 44 cents. Mr. Lundin said buy four times between December, 2010, and February, 2013, at prices ranging from 76 cents to $1.35. He then said sell in March, 2014, at 34 cents. Assuming a $1,000 investment for each of the four buys, selling the $4,000 position at 34 cents yielded a loss of $2,634. Mr. Lundin said buy again in August, 2014, at 41 cents. Assuming a $1,000 investment for the new buy, the position is now worth $1,073. Lion One has released a preliminary economic assessment on its Tuvatu project in Fiji. Based on a $1,200 gold price, the PEA pegs Tuvatu's after-tax net present value at $86.5-million and its after-tax internal rate of return at 52 per cent. Over a 7.4-year mine life, the project is expected to produce 352,931 ounces of gold, with most of it occurring in the first two years. Mr. Lundin is happy with the PEA, and is especially pleased that capex will only be about $48.6-million, which is doable even in the current market. He is confident that Walter Berukoff, Lion One's chairman and one of the most "wildly successful players" in the last decade, will be able to raise that money. Lion One is a buy.