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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 DAM$on Apr 12, 2024 8:59pm
271 Views
Post# 35987066

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Laurion Announces Proposed Non-Brokered Private Placement Of Flow-Through Shares

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Laurion Announces Proposed Non-Brokered Private Placement Of Flow-Through Shares

Devil's advocate or just looking for negatives compared to my looking for only positives?

5) You can look at the news as bad or 

Targeted drilling of a shallow open pit versus expensive deep drilling required for an underground mine. When you can hit your target in 250 metres vs 1000 your total drill program will be 75% lower
I was excited we got an Property of Merit but yes I would have been more excited if it was the MRE I believe they are working on NOW
Low volume because WE hold all the shares and are just waiting. The low volume is just little investors trying their hand at day trading. No one that knows this stock is selling unless they absolutely have to including the momentarily pissed off Matlas who bought back his "dumped" shares.

7) Yes I would love to have a person with years of M&A experience but we don't have one on the SC but this is Cynthia's 3rd and John and Michael (with M&A experience in other fields) have been living and breathing LME  for years and have massive holdings giving them a lot of incentive

8) They have a very experienced Technical Advisory board to give input 

9) The only buyer not given access to the site/core facility and data is the idiot that wanted to bring his prospective buyer up a couple of years ago. They don't announce who is accessing the data and visiting because both parties sign NDA's. We'll know who and when the visits were done when we get the Mngmt Circular after the deal is finalized. Nobody knows about LME? Nice inflamatory and unfounded statement. Do I need to show the proof of 19594 views of Cynthia's LinkedIn post with 60 People from Rio Tinto, 47 from Barrick and executives from Newmont,Teck, Vale, Osisko,IAMGOLD, Lundin...? 

10) Make sure that they make your file a priority. Ensure their desired outcome is aligned with your desired outcome.  And the best interests of your shareholders.  LME is the most Important file they have

When the SC is no longer needed we will be notified Immediately with a BUYOUT Announcement

Why look for negatives and tell everyone about them? If one thinks there is something wrong with this company them quietly sell and move on. If you are like the vast majority invested until the end then sit back and don't sweat the day to day worries of a 40000 share wall (LOL) on a company with 217 million share available to be traded. There were almost 200K traded in 2 minutes today and even that is only 0.09 percent of the available shares. 
 

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