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 > Gold continues upward momentum

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Comment by Stepinupon Dec 05, 2023 7:38pm

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Post# 35770120

RE:RE:RE:RE:RE:RE:RE:Gold continues upward momentum

my thought is the MRE was requested (demanded as it seems) during the due diligence process.

so they needed cash to prove they have it in them for another series of drilling.

maybe this is a tactic to say, "ya, we can keep drilling. No problem, we have lots of cash. But.... if you are going to wait another 2-3 yrs for us to give you an MRE, then the price will keep going up!"

Maybe the buyer thinks...."gold is on the rise, the pie keeps getting bigger and more expensive, so we better buy now at 7b or we'll have to pay 9b in 3 yrs!!"

SOLD! ?!

I don't know......

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