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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 Sheermson Jul 20, 2023 4:28pm
164 Views
Post# 35550415

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

RE:RE:RE:RE:Cynthia’s post on LinkedIn todayIDK. I feel that if she is prospecting for more mineralization, she is going to drill. A company is not going to pay for that newly discovered mineralization unless you can prove it's enough to constitute a higher price. And if she thinks that there is more in the ground, in the name of maximizing shareholder value, she is going to try and prove it. Thats why the feel I get is that they are identifying best places to drill. She even mentioned in the FAQ 
 
"The work we have undertaken on the property has yielded substantial advancements, improving our understanding and refining the initial inference of resources. Our exploration efforts, in conjunction with advanced geological studies, have allowed us to enhance the accuracy and reliability of LME’s mineral potential.We want our shareholders to interpret the extended timeline as a testament to our unwavering commitment to delivering the best possible outcomes. Through our meticulous approach and diligent exploration efforts, we are steadily progressing towards unlocking the true potential of the Ishkoday property"
 
Gives me the impression the extended timeline is because they are finding more mineralization potential. Which they will try and prove and will use to "deliver the best possible outcome".

But just speculating. Still long and adding here and there.
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