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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 Smitty64on May 07, 2024 2:51pm
171 Views
Post# 36027310

RE:RE:Exercising (options) for dummies

RE:RE:Exercising (options) for dummiesThanks DAM$ - the thing that stands out to me you mentioned (which is somewhat common sense) is:

“why she did it now and back in June 2022 when there was definitely strong indications of something on the negotiating table. We could have definitely used a vote of confidence a few times over the past 23 months. Why then and now and not at any other time?”

….the price dipped into the .20’s at one point last year and there was no vote of confidence.

Also, why do it right after posting drill results that popped the SP by 25% (why not do it before the PR to reward her loyal LME longs: vote of confidence = loyals buy, then PR results and SP goes up…)

The timing was strategic on her part (and I don't think it has to do with us)…as to why who knows.

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