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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 Jimo82on Feb 27, 2024 3:05pm
189 Views
Post# 35902130

RE:RE:USCG

RE:RE:USCGYou're 100% correct. 

The inner workings of the company aren't going to be disclosed to the public. No publicly traded company can or will discuss any potential transaction until the deal is completed and put to the shareholders after for approval. They are going to hold that close to their inner circle to ensure they can and will be able to proceed with the deal they want. 

They've already made their intentions clear about disposition. I don't believe the strategic plan has changed. 

No one is happy with the current share price. No one believes it's indicative of the true value of the company. Many are underwater with their investment. Several others have been holding since $.10 - $.20 and have a comfortable position. 

It seems pretty clear its business as usual in 2024 unless there is a material change. I beleive until we see Gold fly past $2100USD and close above it, no one will be in a rush to pay a premium for any Gold Miner. 
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