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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 ahsineegon Oct 19, 2023 7:17pm
199 Views
Post# 35692059

RE:RE:RE:RE:RE:RE:RE:RE:Article

RE:RE:RE:RE:RE:RE:RE:RE:ArticleTo be clear, I am not saying this will happen....I'm just spitballing an idea.  Going from $0.52 today to $4.00 IS a phenominal return and values LME around $1billion.  The fact remains we really do not know with any certainty how coversations are progressing behind closed doors.

The positives I like are that we have millions of dollars in the bank (we aren't running out of money anytime soon), we're 80% owned by insiders, friends and family (so we are immune to a hostile takeover), a special committee has been formed (there is something being discussed that warrented forming the committee), a former director just paid real money to excersie a ton of options.....it seems to me that Cynthia and Team LME are in the driver seat for whatever is going on.  

Point being - I'm happy to have my money parked here in LME shares....especially with so much global uncertainty.  
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