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 > Kinross Gold lifts Great Bear inferred resource by 45%

<< Previous

Bullboard Posts

Next >>

Comment by GoGoWingson Feb 17, 2024 12:39pm

125 Views

Post# 35885888

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Kinross Gold lifts Great Bear inferred resource by 45%

$2mm PP at after tax cost of $940,000

Mature at $3.5mm in under 2 years. You don't think dats alot?

JoJoHairBlo wrote: The thing that I have a hard time wrapping my head around is that an investor put up $2M in PP money at $1.05/share in 2022 with warrants at $1.15/share.

Tax implications aside, do you think this person would risk all that on a junior miner, in this economic climate, to not even double their money? I would think that Cynthia would have made this person had all the pertinent info to make an informed decision.

<< Previous

Bullboard Posts

Next >>

3 TSX gold companies whose stocks are up this year