RE:RE:Private Placement
these are flow through shares. In other words since laurion does not (and never will) have revenue all the mining and drilling expenses are wasting away on the balance sheet. So why not, for lack of a better analogy, sell them to investors for cash in the bank. That is a flow through, you invest, that money must be used for exploration, and you the investor get those expenses flowing through as a personal tax deduction. Sweet deal and basically you pick up hugely discounted shares as you save taxes. Its a great way to build a war chest even if we don't need it right now. Good luck trying to raise money when you are desperate .