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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

Comment by NoRealPlanon Dec 29, 2022 12:31pm
260 Views
Post# 35195448

RE:Expectations for 2023

RE:Expectations for 2023

I agree re gold price needing to be over $2000 for interest to start to increase in gold stocks.

 

I think that's where we want things to go. Gold fever needs to take over the market., that will come with doubt in the US currency, so "instability". Which isn't great for the rest of the market...

 

Things can move fast. I like being in gold/mining/minersals. Established equities, ETF's and more speculative stuff like LME that has high upside...

 

I feel like there was a buyer.

But the buyer came and went. 

Or at least, they weren't prepared to pay Cynthia and Roger what they're asking for.

I hope we see a sale in 2023... but that will come from global increased interest and focus.

 

We must have patience.

What else can give you the upside promised by LME's eventual sale?

 

If you liked it at $1.00, you'll love it at 47 cents...

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