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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 KaBamson Jun 24, 2023 8:31pm
194 Views
Post# 35513227

RE:RE:RE:RE:RE:Update coming soon..

RE:RE:RE:RE:RE:Update coming soon..I would be of the opinion that 6 months would be a very long time for a company to decide I if it want to make offer for Lme. After offer is made, it may take a further 6 months to 2 years to close.

There has been so many recent major and minor mining companies acquisitions in the gold and copper area recently. A lot of these are mines in production where it would be more complicated than a simple resource/ risk count Lme would be. I don't think musk team took 6 month to decide on the twitter offer, or Microsoft for activision etc.

It does take time to find prospective buyers.


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