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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 220 kilometers (km) North-East of Thunder Bay, Ontario, Canada. Its Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships located 25 km northeast of the Town of Beardmore, Ontario and 220 km northeast of Thunder Bay, Ontario. It holds a 100% interest in Brenbar, which consists of two mining leases covering 255 hectares contiguous and to the west of Ishkoday. It has a 100% interest in the Jubilee-Elmhirst, Beaurox and Twin Falls property. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Laurion Mineral Exploration Inc. > LME’s peer just got bought out for $1.8BILLION
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Post by JamesTBon Dec 09, 2021 11:44am
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Post# 34214710

LME’s peer just got bought out for $1.8BILLION

LME’s peer just got bought out for $1.8BILLION

LME's peer GBR just got bought out by a senior producer for $29 a share, or $1.8 Billion. GBR is a similar company in terms of projected resource potential, but even they do not have the inferred and assayed gold at near surface like LME does. This bodes incredibly well for LME! And GBR was at similar stages in financed drilling, and drilling
progress. Strap in! A great reminder that the preferred end game could actually happen at ANY moment! 


We may all look back at $0.74 and wish we bought more when it was a steal, sub-$1.00. 

By all metrics, we have a monster on our hands. I wouldn't be surprised to see LME go for over $5 easily at our number of shares outstanding. 

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