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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 ilovexauon Jan 24, 2023 12:16pm
227 Views
Post# 35242532

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Welcome Back Redditers

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Welcome Back RedditersFYI just to clarify Matlas drinks my Kool aid. LOL

I did not realize that you had confirmation from inside that there was no suitors, please let us know when your inside guy confirms there is one. That would be hugely helpful.

Your sentiment here confirms my conclusion that you are looking for a pop in share price so that you can either exit short term or be reassured while we wait for a longer term buyout. BTW what we saw with the drop in price last fall was precisely due to the pump up of the stock you are prophelesizing we do now. Redditers pumped the stock in anticipation of the AGM and then the redditites dumped it when nothing transpired.

You also seem to be under other assumptions, like they can only focus on one plan at a time. If there is a suitor they still need to put out press, to encourage competitive bids or to stay the course of being transparent. No deal is a deal until it's done, no eggs in one basket. 

Next the assumption that they should pick up the drilling pace. FYI drilling rigs are not something you go to the corner store and pick up. You need t book them far in advance and there is a real shortage of drill rigs, so even if we wanted to, we are limited in how much we can do. Therfore 9mm will carry the drill program for several years. 

Again I am not opposed to an increased share price or promoting the stock. But I would prefer a nice consistent sustainable rise with fewer speculators and rhetoric.
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