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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 14, 2023 12:48am
217 Views
Post# 35540666

RE:To those that are posting for views and likes

RE:To those that are posting for views and likes

LOL Dam thank you for the insightful and quite frankly, hilarious post. Thank you for bluntly saying what many of us are thinking! I really look forward to meeting you and that meal you have now promised (dont worry i am cheap, i usually just get a burger) 

I absolutely think you are on point with your drill comments. This idea that "drilling is too expensive" is absolute garbage. Like you said cynthia and the laurion team are conducting business as usual until they sell. Channel sampling is cheaper than drilling, why drill if you can use channel sampling and magnetic surveys to better understand resource allocation and distribution on the site and then drill in the areas that show sognificance? And in terms of an ownership transition What do people expect? Cynthia and the team recieve an offer that is acceptable and they sit on their asses (excuse my language) waiting for their cash on the closing date? NO! Cynthia is working towards developing the ishkoday into a mine. That is the end goal, a buyer simply just joins in and takes over the journey heading towards that goal... WHEN a buyer takes over they will be doing just that, taking over.

A likely scenario is either Cynthia and her team are already working alongside people who work for/are contracted by the buyer in some capacity to better understand the ishkoday or there will be an agreement in place that Cynthia and/or key member of her team will be employed by the buyer for a set period of time over the ownership transition. 

The information i have gathered confirms that 80-82% of lme shares are f anf f owned and 11% are owned by instutions. Anyone claiming this is a pump and dump should just sell their lme shares at market. If you are stupid enough to think Roger and Cynthia would end their pristine careers with a con then you are stupid enough to give us all a good deal on your shares and go back to chasing your tail on reddit or twitter or whatever garbage site you subscribe to for your news.

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