Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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.

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Laurion Mineral Exploration Inc > New CFO, thoughts?

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Comment by HMcanadaon Oct 05, 2022 10:57am

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Post# 35006637

RE:RE:RE:RE:RE:RE:RE:New CFO, thoughts?

Good morning all;

having been through similar situation on a past M&A:
I believe there is a good and bad to this event:
The bad; in my opinion it relates to an acquisition that went wrong. Going to back over the last few PR's, and factoring in the AGM notes, looks like they, in negotiation found few issues that derailed a potential acquisition. Having announced working with DRA is (in my mind) a sign that their calculations of operating costs have weakness.... this is directly the working of a CFO.

the Good: Cynthia is telling the truth... there is an acquisition.

all in all its not a fuzzy feeling that such a move emits. But it shows there will be another attempt (expected soon).

watch out for a change in Cynthia's main residence .... if she moves closer to the mine.... I think there is a deal happening which requires her to be on the helm for a while to come.