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Bullboard - Stock Discussion Forum Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Metals & Mining Gold
Laurion Mineral Exploration Inc. is a Canada-based mid-stage junior exploration and development company. The Company is engaged in the acquisition, exploration and development of Canadian gold and base metal mineral resource properties. It is focused primarily on its wholly owned 57.43 square kilometers (km2) (14,191 acres) flagship brownfield, Ishkoday Gold and Polymetallic Project, located... see more

TSXV:LME - Post Discussion

Laurion Mineral Exploration Inc > Buyout estimates
View:
Post by GoldBelt on Feb 13, 2023 9:55am

Buyout estimates

Sabina just got bought out by B2Gold.  Works out to around $23 per Oz Au in reserves... 3.6 M reserve $824 M usd. If LME is bought out, this has been the going rate in the recent deals.
Comment by GoldBelt on Feb 13, 2023 9:56am
...obviously being in Ontario with closer infrastructure and easier to mine open pit deposit should warrant a higher price per Oz price. 
Comment by GoldBelt on Feb 13, 2023 3:22pm
Oops yes error... meant to type $230 not 23
Comment by DAM$ on Feb 13, 2023 11:18am
$824 million \ 3.6 million ozs = $230US / oz ($300 Cdn) $3-5 billion Cdn for LME's 10-15 million ozs = $11.50-19.00 per share 
Laurion Mineral Exploration Inc
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