Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 StevenHunteron Jan 19, 2024 10:05am
470 Views
Post# 35835679

RE:RE:RE:RE:RE:RE:RE:Newpost

RE:RE:RE:RE:RE:RE:RE:NewpostLet me clear up at least one piece I've read here everyone.  Public companies don't form committees and hire advisors (for a fee) for the sake of doing so.  Laurion doesn't have hundreds of staffers sitting around looking for projects.  If something structural is created and partnerships are formed, it's for a purpose.  That doesn't guarantee any outcomes, but it's fair to read Laurion's deal based structures as being formed to review real interest.

Second, I'm not abandoning anything.  I'm a massive shareholder and continuing to be so.  My registration was planned and so the timeframe I had to offer Laurion had an end date.  Simple as that.

Chill everyone, there's a ton of work being done on our behalf to look for more resources (massive recent success), develop the corporation (one great partner after another, years of working capital, oversubscription to shares etc...) and sell the business to a strategic acquiror (stated and restated constantly by LME leadership).

Transparency doesn't get much more transparent than assay results and pre disclosure on directors market activity.  There's nothing sharable being kept from shareholders, never has been.

These are the ingredients that make up the recipe for a tremendous outcome.  The future is bright in my view.  It's absolutely okay if you don't share that view.  Your shares are your own and you get to do whatever you think is best with them.  Anyone selling shouldn't be villified for making that choice (or having to make that choice).  I think it's extremely positive that there was a large, unpredictable sell side demand and it took a day to absorb it.  Not many juniors have the ability to do such a thing and Laurion shrugged it off.

Think like a buyer.  These are good things.  

Hope that helps,

-Steve
<< Previous
Bullboard Posts
Next >>