Laurion Mineral Exploration Inc V.LME

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[Blacky1]

And not one definitive answer as to what's happening here.ie is buyout imminent, will there be a buyout, etc

[JoJoHairBlo]

Short position perhaps?

[LaurionLong]

Juggling chainsaws is safer than shorting a junior.  

[goldenI]

I don't have a definitive, and even if I did, would you believe it?  Here is one possibility.  The value proposition in Laurion is the data room. It is the source of the knowledge of 10M+ ounces. Without an MRE and an explanation of the math, it is impossible to qualify from the outside. It is the secret sauce. It is based on assay results, channel samplings and Geospatial

[matlas]

Very informative goldenI and well expressed. However, I am not sold on the "one more flip" proposition. I believd that Cynthia will not sell unless she gets a very high price, and I don't believe that price will leave room for a buyer to make any material profit from a subsequent flip.

[goldenI]

I think you are right, that is her intent, however I stand by the idiom "everything is negotiable, but not everything will they negotiate". Time and the ability to raise funds are the natural enemies of junior miners. I assume that the lack of patience displayed here is echoed for at least some of the 80% friends and family. On top of that, the almost 2 million FT shares they issued

[matlas]

Who knows whether there will actually be any drilling at all before the BO?? Between the helicopter survey and exploration of new areas with pick axes, they seem to have changed the script from what was originally planned. I  find it hard to believe that this is just by chance. May all be in conjunction with and at behest of buyer. If they were really going to do drilling, I would have

[Not2smart]

I believe that a deal is pending and certain criteria may have to be met before deal is announced.  Sometimes deals take a while to get everything in line.   They are not drilling cause they don’t need to, unless something changes and buyer asks for something.   Then they will drill.    Thats why they said small program.  Just in case they have too.   If they

[matlas]

I think you are actually pretty smart, Not2smart! Should change name!

[Not2smart]

Thank you Matlas, my wife and I are chucking reading your post.  Nice compliment...  we have been reading these posts for a very long time and when I decided to jump in this forum little over a year ago.  After reading posts from yourself, time and money, Dam, goldenI, Lambo, smitty, wizzel, jojo, Laurion long and couple of others sorry missed your name..  I didn’t feel to too