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Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s):  LMEFF

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

Post by TraderRCon Oct 06, 2022 11:26am
380 Views
Post# 35009496

For what it's worth...

For what it's worth...The way I look at this, the fundamentals and the reasons I originally bought my shares have not changed. Everything seems to be the same, with the information we know. The one piece of news, new CFO is the only difference, but as discussed in these post, the part-timer is gone, and we have a full time CFO, which should be looked at as a positive. I think a lot of people were disappointed that a buyout was not announced at the AGM, and are worried it won't happen soon. I told my wife the current price, and her first response, "should we sell?' My quick answer NO. I think that there are a lot of panic sellers out there. Until they are gone we may get some more fluctuation in price, and then my guess it will level off until we get some news. I go by the rule, invest what you are willing to lose. I will sit tight and enjoy the ride. It will make it that much sweeter once the buyout gets announced. These is my two cents, for what it's worth.
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