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.

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Laurion Mineral Exploration Inc > Humor Me

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Comment by StevenHunteron Sep 01, 2023 3:46pm

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Post# 35616681

RE:RE:RE:RE:Humor Me

for the record it doesn't bother me at all if there's speculation or discussion about my comp but I won't be weighing in

fatlas wrote:
What Steve ends up getting paid for his work depends completely and solely on the share price at the time he exercises them - if he does - and that includes a number of scenarios where his compensation is .

it's totally normal to give more upside to people who are also taking on this kind of 'you might be working for free' downside.

If/when the stock price goes up and he wants to exercise, he will need to come up with the .40/share cash to exercise.

I out this arrangement in the 'normal, to be expected' bucket - and the better it works out for him, the better everything works out for all of us.