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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 Lambosntendieson Jul 06, 2023 9:42pm
202 Views
Post# 35530202

RE:Cynthia on Linkedin

RE:Cynthia on Linkedin

100% agree with that Matlas, i dont think theres any doubt the goal is to sell the ishkoday to a sr, family office or other qualified buyer. that is most definitely the endgame. 

In relation to your comment earlier... 

1) Cynthia is turning away potential buyer - we dont have any evidence what so ever that this is true. While i am sure there is a buyer or multiple buyers actively intereste i dont think anyone is coming down too hard on the poster for what he said. If someone is going to blatantly accuse cynthia of turning away a potential buyer they should back it up with more than what is essentially "trust me bro" .. it is complete heresay... especially when the accusation is made in the manner that it was. They want the board to know? Stockhouse is not the right forum. Until concrete evidence is given i have to take this idea with a very, very tiny grain of salt... slightly more credible that a crystal ball... but only very slightly.

2) Can't go onto site - absolutely valid. But why? ... theres a pawn shop thats closing down near where i live. I was talking to the owner a bit and he said he didnt want to sell because he was just exhausted and wanted to move on with life. He didnt want to have to work with a new buyer for a year in order to help them get comfortable with the operation. Could it be that cynthia doesnt want anyone on site because the potential buyers or some of their employees are familiarizing themselves with the day to day on the ishkoday?

3) Not doing much on site. - while people with a pickax might not seem like much i think everything they are doing is further validating what is in the data room and working towards further developing what they know. Continued channel sampling is progress even if it seems miniscule. This will aid them in knowing where to put the drills when that time comes. Again i think they are exploring these quartz vein systems with a few more people than we see in the pictures, but who knows. 

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