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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 Drewmanon Jul 14, 2023 12:08pm
195 Views
Post# 35541374

RE:RE:RE:My skeptical and optimistic takes on LME...

RE:RE:RE:My skeptical and optimistic takes on LME...

Hi Matlas,

In general, I've been in agreement with most of your posts. I've been lurking here for around 2 years.

That being said, I don't believe faith or belief have any place at all in investments. Maybe I'm misunderstanding your post, but for me, every investment needs to be looked at objectively in terms of risks and positives as I see them. This has served me well.

At the end of the day, the stats from this industry as a whole are not good. I've seen good points for this company, and I've seen things that gave me pause. It's a small cap stock, and is by definition high risk - high reward.

I have invested a significant amount, but an amount I am also willing to lose 100%. It disturbs me seeing people (more-so on yhaoo finance) talk about leveraging their assets to buy more shares of this company, but to each their own I guess.

tl;dr: This investment is not without risk, however I am still invested, as I still see opportunity for profit in the long term. Let's allow conversation both for and against, and not let this investment board turn into what crypto sub-reddits have become.

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