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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

Post by ahsineegon Apr 16, 2024 9:35am
505 Views
Post# 35991255

Thoughts from Matlas (on reddit)

Thoughts from Matlas (on reddit)Matlas responded to a qustion on reddit.

Question: Thoughts on the new press release today? April 10th 2024? does this mean a longer haul for us?

Answer from Toptaxexpert (aka Matlas):
No, to me it is a sign that BO is coming very soon, and they wanted to give the usual F&F group that has bought the FT shares in the past" one last kick at the can". They get to buy more shares at about only 50% of market value when tax benefit factored in. LME does not need the $$$-they have many millions, and normally FT shares not issued this early in year. That is the only interpretation that makes sense to me. I would bet that BO will be announced some time in May.

Link to Post on Reddit
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