RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Laurion Announces Proposed Non-Brokered Private Placement Of Flow-Through SharesIf you look at Cynthia's Linked In post and responses she points back to the PR's over the past few months. Go back and re-read them.
Aug 24th, 2023 - They hired US Capital Corp to identify and unlock potential strategic alternatives and transactional opportunities that may be beneficial to the corporation and its stakeholders.
Nov 14th, 2023 - They provide a corporate update stating they are working through diligence with USCG, they will update the NI 43-101 to help with said diligence, they are committed to a significant transaction.
Feb 15th, 2024 - Laurion files their updated NI 43-101 that validates the exploration data and potential of the Ishkoday to serve as a cornerstone disclosure document that may unlock, facilitate and support a strategic transaction.
April 10th, 2024 - Private Placement shows a position of strength to the "potential buyer" as stated on her LinkedIn. They don't need to transact and have cash reserves to explore for another 18-24 months. With Gold breaking out and running to new all time highs, this isn't ideal for anyone haggling over today's current value when in 18-24 motnhs it's worth substantially more.
Pay the multiple now, or lose the opportunity for a greater return in the future and end up paying substantially more or get yourself into a bidding war for an asset that you could own today. Time to write that cheque "Buyer"