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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 matlason Jun 14, 2023 12:07pm
214 Views
Post# 35496103

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Low volume today

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Low volume today I think one needs to ask why are they releasing the video at all.

I believe that they have suitor(s) at the table, but even if I didn't believe that, I don't think that they would release this thinking that they will attract suitors that way. I am sure that all the key poeople in the business who would be potential suitors know very well about LME and what it has to offer and could get private access to data if they want.

In addition, I don't think they are looking to atract more investors-they have lots of cash.

My guess it is to try to keep the troops like us happy with getting something somehwhat updeat while we wait for the PR with the BO. I cannot think of any other reason. 

BTW-if you look at Roger's FB page, you will see that he credits the production of the video to two significant shareholders.
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