Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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

Laurion Mineral Exploration Inc. > Cynthia’s post on LinkedIn today

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Comment by matlason Jul 19, 2023 1:09pm

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Post# 35548280

RE:RE:RE:Cynthia’s post on LinkedIn today

I am of two minds regarding the most probable kind of buyer.

On the one hand, private equity would sooner be able to handle the all cash requirement; however, private equity may sooner be looking to menetarize their investment by another "flip" in (say) five years, which might put more pressure on the amount that they are willing to pay now.

The highlighted portion you quoted was what I had in mind when I wrote yesterday that the Q&A confirms that Cynthia will only sell for a high price.

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