SEE HIGHLIGHT in yellow,ITS BEEN 6 YEARS SINCE POSTED FROM ROGER LOTS OF DILLUTION AND INTERESTED BUT NO MOVEMENT, I HAVE BEEN WAITING FOR ALONG TIME for lme to go , Found this on linkdend
Expanding upon Laurion's May 14th Press Release:
Very Positive Move forward!
On Monday May 14th, as President/CEO of Laurion Mineral Exploration - Cynthia Le Sueur-Aquin put out a Press Release providing a summation of Friday’s Laurion’s AGM which was held in Toronto.
The corporate measures which were voted upon and implemented at Laurion’s annual general meeting (AGM) were significant and represent tremendous upside potential for Laurion’s shareholders. The corporation can now move forward without being encumbered with external obstructions and any unsolicited take-over bid.
Since late 2015, Cynthia noted some key revealing indicators within the precious metals resource sector.
- The sector ended a 8-year Bear market cycle for precious metals (the longest sector Bear market in recorded history),
- A new Bull market cycle was starting to take shape (first indicator December 2015, first retracement September 2016, 2nd leg-up starting in February 2017),
- TSX/TSE junior miners listings went from 3,200+ exploration miners in 2012 down to 1,226 companies in early 2016 revealing the most severe attrition over a 4-year period, of which Laurion was a survivor,
- 93% of all TSX/TSE miners share price had fallen well below the $0.30 mark,
- only 20 listing miners on the TSX/TSE had share prices over the $1 per share mark,
- in early 2017, the ‘smart money’ started allocating significant portions of their financial holdings in Gold Bullion and Gold stocks,
most important:
-senior producers/miners have not made any acquisitions since 2009 (the longest period in the metals cycle).
And since last fall, numerous corporate entities have taken a run at Laurion Mineral Exploration Inc. for it’s Ishkoday project.
A couple of key measures implemented at Laurion's AGM:
• The elimination of all debt from the corporate balance sheet, which paves the way for un-obstructive corporate executions.
• Cynthia, along with a select inner core-individual investors now officially control 62,758,694 shares (out of the 122,601,480 outstanding shares) which represents 51.2% of all outstanding shares of the corporation.
Not only is Cynthia President and CEO, but the company's largest shareholder with 12,903,693 shares which represents 10.5249% of the company. You could say that she has significant ‘skin-in-the-game’.
This is most remarkable - for a publicly traded company.
I believe - what this represents is the guarantee of the financial integrity, and the realization Laurions’ full financial value for its shareholders.
We can now expect significant corporate developmental news in the months ahead from Laurion.
Laurion’s Ishkoday Project has now evolved from an early-stage to a mid-stage exploration development company.
Laurion’s management emphasis under Cynthia's lead is on the development of its gold-silver and gold-rich polymetallic mineralization with its significant upside potential, and in doing so Cynthia’s technical team (boots on the ground) are as follows:
Mr. E. Terry Jensen joined the board of Laurion as a professional geologist with over 40 years of diverse experience in the mining, oil and gas, and environmental industries. Terry commenced his geology career as a frontline underground grade control geologist advancing to production and mine geologist roles for underground and open pit operations. Currently, Terry is also a principal consultant at Gauvreau GeoEnvironmental Group, Inc., focusing on mine permitting, environmental compliance and hydro-geologic studies. Additionally, he serves as Vice President of Geology and Mine Operations for Clarion Trading (SG) Pte Ltd., a commodities trading company with the responsibilities of assessing economic potential of undeveloped, closed and operating mining properties for investment and/or acquisition. Since early 2016, Terry has worked closely with Laurion in design and implementation business strategies, plans and procedures and continues to promote Laurion’s vision to potential investors and strategic partners. Terry obtained a Master’s of Science degree in Geology from the New Mexico Institute of Mining and Technology, as well as a Bachelor’s of Science, Geology from Oregon State University and a Bachelors of Arts, Mathematics from Castleton University.
On April 10, 2018, Laurion announced its most recent addition to its technical team, Mr. Jean Lafleur. Jean graduated with a B. Sc. and M. Sc. in Geology from the University of Ottawa (1978, 1986). He has practiced in mineral exploration since the early 1980s, having initially worked with major companies such as Newmont, Falconbridge, Dome Mines and Placer Dome; followed as a consultant in a number of small-cap junior companies from 1998 to this day. He has successfully led exploration teams in Canada and internationally. Jean has served as a director and executive within many of these companies, in start-up mode as well as in marketing and financing. He is a specialist in precious and base metals, in the planning and execution of greenfields to brownfields mineral exploration programs, and implementing exploration strategies geared for success.
Starting tomorrow May 15th, Cynthia and her technical team are hitting the ground running on Laurion’s Ishkoday property/project. Their main objective over the next few months is to demonstrate the existence of near surface bulk mineralization in gold-silver and gold-rich polymetallic mineralization which extend over a 3 km x 1 km area (a collective total strike length of 9,000m).
While Laurion’s gold resource has considerable upside potential, it is indicative of a far larger gold environment then first estimated, Laurion’s technical team intent is to also continue its focus on developing the base metal environment on the Ishkoday property.
We can now expect significant corporate developmental news in the months ahead.
TSXV:LME
I have been waiting and so has a lot of people