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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 matlason Apr 01, 2023 4:19pm
195 Views
Post# 35373977

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyers

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyers That's may not be  the only falacy here JoJo.

Does it make sense to you that to establish a given amount of GEOs that there is s given amount of drliing you have to do?

Wouldn't that depend on the specific property? If the area is very rich in gold, I would think you would  be able to estabilish a given number of GEOs with less drilling that in an area that is not as rich.

How about the fact that LME hit gold with EVERY drill hole, which I gather is very unusual? Wouldn't that suggest that they might establish what they need with fewer holes.

But, just on a macro level, you would think if so much more drilling were needed that Cynthia and the Board would be planning on it, but then again maybe they just aren't as smart as a guy who thought that the value of LME was indicated by its market cap.
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