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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 ilovexauon Mar 17, 2023 10:54am
164 Views
Post# 35344887

RE:RE:RE:Volume

RE:RE:RE:VolumeNo problem Lambo, it is a grey area I suppose, but the thinking is, as a stock becomes more followed it can become more volatile and therefore easier to manipulate. I believe we saw some of this last fall. The market maker , within reason is there to do exactly that, "make a market", so that no small investor or group of investors can force large fluctuations. Generally the MM does not hold stock over night, he is just trying to keep things smooth, organized, and efficient throughout the day. Btw it is not all manipulation either. If for example Joe puts in a market sell order for 100,000 shares, first he is an idiot, but more importantly if there is only one buyer at the current price and only for 10,000 shares then the price will tic down and down until the 100,000 is filled. The MM is supposed to monitor this action and buy it within a few cents then hold it until he can clear it out of his inventory in the next hour or hours as buyers arrive as they invariably always do.  Hope that helps
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