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. > Golden Probably

<< Previous

Bullboard Posts

Next >>

Comment by matlason Aug 20, 2022 2:18pm

190 Views

Post# 34909456

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Golden Probably

Sorry, but that explanation does not make sense.

They have lots of cash on hand to fund future exploration.

If they needed to issue more shares to raise cash, they would not need to vote on it. They have done that numerous time by issuing flow-through shares over the years. It is just a decision that Directors would make and implement.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing