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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based junior mineral exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resource properties. The Company is focused primarily on its wholly owned 47 square kilometers (km2) flagship brownfield, Ishkoday Gold, located 220km North-East of Thunder Bay, Ontario, Canada. The Company’s Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships, located 25 km northeast of the Town of Beardmore, Ontario, and 220 km northeast of Thunder Bay, Ontario. The Company holds Twin Falls property, which is contiguous and lies west of the Ishkoday Project. The Company also holds a 100% interest in Jubilee-Elmhirst, and Beaurox. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Comment by TraderRCon Sep 27, 2022 9:46am
223 Views
Post# 34989028

RE:RE:RE:RE:RE:RE:Lots of good fluff!

RE:RE:RE:RE:RE:RE:Lots of good fluff!The PR states the corporation "wishes to announce the successful completion of its 2022 Exploration Program". One thing that I did not see in the PR is that they are still waiting on the other drill results as they had included in previous PR. Did they in fact got them but not releasing. This makes me think, is it possible another company would try to acquire Laurion without the 43-101, obviously such company has done their due diligence and has seen the drilling results and all other reports. Could this PR be a negotiation ploy to such company, up the offer or we complete the 43-101, which will then potentially get more interest from other players. One part of the PR that caught my attention: "the Corporation's Board of Directors is evaluating the prospect of commissioning a new NI 43-101 technical report for the Project, thereby allowing all of the important scientific and technical data that has been collected and publicly disclosed by the Corporation since April 23, 2013 (being the effective date of Laurion's latest NI 43-101 technical report) can be included in one of the following potential documents:" This would be publicly disclosed information, to me it sounds like they are sending a message to someone, "sh*t or get off the pot" . I could be wrong, but just how I am looking at it. Curious to see if anyone thinks the same.
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