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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 Primpageon Apr 05, 2023 11:05pm
243 Views
Post# 35382379

RE:Big Picture

RE:Big Picture

I believe if they were in desperate need of cash they would monetize the stockpile I'm guessing that the reason they haven't is that they are expecting gold prices to go up as is the case as we speak. If they knew they had $20 mill for example but in a year it could be $30 mill, might as well wait. 

In regards to your thought about timing, I agree, in 4-5 years  I have a feeling that Cynthia will be well into retirement and sailing away with Roger. 

Each day I remind myself "2023 will be Cynthia's swan song"-Roger

ive never had concerns about a BO happening I've only had concerns that it hasn't happened when I wanted it to happen. 

in the meantime, I watch stockhouse, Cynthia's LinkedIn and hope that tomorrow is the day. 

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