Laurion Mineral Exploration Inc V.LME

Thoughts on the Geosurvey Press Release?

[Wizzle]

any input?

[BidingTime]

I don't recall any mention of a survey of this nature in the recent MD&A, in the forward looking comments. Seems possible that this study could be at the request of a late stage purchaser, or to add further insights to the already rich database that describes the mineralization of the Ishkoday. Other thoughts?

[LaurionLong]

If I were about to spend a few billion dollars on a 47 km square property based on the work done on 5 square kms I'd want to know SOMETHING  about the other 42.   This is a hugely positive sign that buyer(s) are working with LME in IMO.  

[matlas]

I agree. It is hard for me to believe that this is not something that was suggested/required by a buyer at that table. If this were something that LME just though-up on their own, they could have done it along time ago.

[Wizzle]

I noticed that "The airborne survey, set to start in the coming week,"  I don't know how fast these things usually move, but I did find it suprising that they are moving forward within the week on this.  Makes me wonder if there is some urgency with a short term timetable.  

[matlas]

Right, Wizzle. Especially since there was never any hint that this was in the works previously!

[JoJoHairBlo]

It could also be a scheduling issue with the helo company. 

[DAM$]

Faster than fast. They will start flying tomorrow. The equipment is already onsite, assembled and ready to fly. At the rate of speed these usually fly between 30-40 m/s the survey should be completed this weekend. I guess they want the results for the drilling that was scheduled to start mid May. The speed at which this seems to have been put together and the fact that they had to ship the

[Not2smart]

The Geosurvey is very interesting, look it up online everyone.   I’m also hoping it’s a request from the acquirer.   Why now.  Why so fast.  Hmmmmm 

[BidingTime]

This geosurvey, and the speed that it's being executed, is the most bullish news that we've seen in some time. Let's hope it leads to some goods for us LME longs... 

[Wizzle]

I would like to!   Do you know how to find it or possibly have a link? 

[Not2smart]

https://precisiongeosurveys.com/wp-content/uploads/file/Precision%20Brochures.pdf

[Not2smart]

Roger (Facebook)  and Cynthia (LinkedIn)  both uploaded a movie of the helicopter and the sensor if want check that out too

[Wizzle]

Thanks

[Anthony13]

They will tell the results to the potential buyer .... they will be pleased buyout finalized and we get a Halt and they announce they have been purchased and we all feel like we just won the lottery ....lmao dreams are for free.  

[Wizzle]

They will probably out out a release when they are finished the survey though, whether they include the results or not, correct?