Breakout. Good luck. More upside to come. 
The forgotten baby during the last  rally... seems like the big boys are quietly accummulating these few 2 weeks. Just looking at today's trade volume and you'll see 95% buy ups? Something's brewing...
Tq
I personally feel this counter is way overvalued. Losses + low asset value. :(
http://liongoldcorp.listedcompany.com/newsroom/20120814_182510_A78_8FD2583E182E252A48257A5A0035FCE7.1.pdf 
Gold will rise with all the monetary easing. If you are keen can buy Gold ETF, physical gold, or gold savings account with UOB.
tansenaan ( Date: 24-Sep-2012 14:36) Posted:
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Lion gold,can buy?comment pls
anyone who believes in this story is kidding themselves, go and do a valuation on what LionGold actually own - I can tell you it's not much.  For some insane reason they buy Signature Metals and Castlemaine Gold - two quite poor assets - and the they issue a large amount of shares as consideration for these purchases, and the market valuation for LionGold has increased substantially.  They have a furniture business that has zero margins and barely makes a profit on nearly $100m in revenue - this is a house of cards that will fall.  My valuation is S$0.25 and there levels (S$1.26) are in no way sustainable.  LionGold is the biggest short on the Singapore Exchange.
The Board of Directors of LionGold Corp Ltd (the “Company”) wishes to announce that the Company and its subsidiaries (collectively, the “Group”) are expected to report a loss before tax for the First Financial Quarter ended 30 June 2012.
I think today can  Buy  LionGold
Entry: $1.045 to $1.055
Stop-Loss: $1.020
More on my blog at Alex Trades.
Good luck.