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Bullboard - Stock Discussion Forum 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... see more

TSXV:LME - Post Discussion

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Post by Bracko on Mar 21, 2024 8:11am

Gold prices

Wow gold is at a all time high but majority of the gold stocks have not moved at all ?
I wonder what the price of gold needs to be for any movement or buyouts that needa to happen for this sector to move up .
Comment by Smitty64 on Mar 21, 2024 10:24am
All the "retail" street eyes are on crypto and real estate with the FED's ‘rate hold + 3 decreases goal for the year’ announcement yesterday. Those 2 assets classes will/are running first. I think the “institutional” smart eyes know that, and know that gold trails the aforementioned and will start selling their gained positions in those classes to transfer to precious metals ...more  
Comment by Bracko on Mar 21, 2024 12:44pm
https://financialpost.com/commodities/mining/investors-exit-gold-prices-surge something to read about   
Comment by Neil68 on Mar 21, 2024 1:09pm
Thanks for the article Bracko.  Sounds like a wonderful contrarion opportunity to buy gold miners! Blood in the street ......