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. > Buyout prediction price?

<< Previous

Bullboard Posts

Next >>

Comment by DAM$on Feb 15, 2022 10:24pm

425 Views

Post# 34432433

RE:RE:RE:RE:RE:RE:Buyout prediction price?

There isn't an offer pending to be delayed but a buyer will likely wait for it as it makes it easier to make the case for buying to their shareholders. I would expect LME management to wait for it to drive the offer higher if they are confident in their own findings. A suitor could easily make an offer before the 43-101 if they like the assay results that they have seen. GBR was just bought without one although Kinross shareholders were not happy.
Lots of price increase to come before the buyout.

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks