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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 KaBamson Jun 19, 2023 11:42pm
208 Views
Post# 35504474

RE:RE:Not adding up

RE:RE:Not adding upI don't get your logic that is someone was buying up stock would it rocket up really fast. Offering let's say $8 per share for whole company would be instant, making that guy buying 25 mill shares look slow increase. Crossing the 10% threshold is irrelevant, no one is going to care when the team say already owns say 5%,10% or 20 percent makes a cash offer for rest of company. C is not going to tell buyer offering 8 she want ten because somebody sold it for $2 or less to them. If C had outstanding offer on table to make match some offer this may stifle a company trying to accumulate share privately. Stop a bidding war. But hmmm that very probably cross the insider trading rules if she share that info with them and not tell us.
having said all that I will wake up tmr morning and check to see if I am rich.


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