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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.


TSXV:LME - Post by User

Laurion Mineral Exploration Inc > Cynthia’s post on LinkedIn today
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Comment by LaurionLongon Jul 22, 2023 3:38pm
124 Views
Post# 35552975

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cynthia’s post on LinkedIn today

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cynthia’s post on LinkedIn today

THIS


fatlas wrote:

Thank you Matlas!
I'm not sure at all one way or the other what type of target they want to sell to - but I know it will sell - and that the sale will be for a LOT more than $11/oz. 

As far as I'm concerned there are three major risks to investing in juniors - (1) that the anticipated mineralization just isn't there - (2) that the companies are run badly (or put another way for the benefit of the executive teams and their Bay Street mining lifestyle), burning through cash, spending on promotion and generating project after project without proper monetization opportunities for the shareholders and (3) that they are run out of business by predatory actors. I believe LME has each of these covered. Cynthia and all the associated internal and third party expertise tell me the gold is there. Cynthia runs the company as tight as a drum and lean - and the single share structure and super concentrated friends and family group protect us from shenanigans. I really believe - as crazy as it sounds - that for people with the time to wait until this deal is done - whenever that is - the upside is substantial and nowhere near as risky as is generally perceived.  Is it volatile? Yes. But this will get sold or it will get bought - and the transaction won't be at $11/oz. 


 

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