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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 Primpageon Apr 05, 2023 11:05pm
269 Views
Post# 35382379

RE:Big Picture

RE:Big Picture

I believe if they were in desperate need of cash they would monetize the stockpile I'm guessing that the reason they haven't is that they are expecting gold prices to go up as is the case as we speak. If they knew they had $20 mill for example but in a year it could be $30 mill, might as well wait. 

In regards to your thought about timing, I agree, in 4-5 years  I have a feeling that Cynthia will be well into retirement and sailing away with Roger. 

Each day I remind myself "2023 will be Cynthia's swan song"-Roger

ive never had concerns about a BO happening I've only had concerns that it hasn't happened when I wanted it to happen. 

in the meantime, I watch stockhouse, Cynthia's LinkedIn and hope that tomorrow is the day. 

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