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.

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Laurion Mineral Exploration Inc. > mineralized Corridor

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Comment by matlason Oct 01, 2022 12:02pm

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Post# 34999384

RE:RE:RE:RE:RE:RE:mineralized Corridor

Common sense tells me that what you are saying is probably the case.

In addition, an all cash deal limits the number of potential buyers who can compete.

It will be interesting to see whether the Board ultimately wavers from that position.

Ironically, I am sure that most members of this group would be happy with a part-share deal, especially if it helps facilitate "getting er done".

They could have the option of selling all or a portion of the shares they get into the public market, or retaining some to maintain a good investment and defer taxes, since the capital gain would not have to be recognized on the portion recieived in shares until those shares are sold.

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