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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. > Great opportunity
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Comment by matlason Jul 27, 2023 3:14pm
196 Views
Post# 35560216

RE:RE:RE:RE:Great opportunity

RE:RE:RE:RE:Great opportunityIf you had gone through the posts on this forum you would see why it is a riduculous question to ask.

Even if you believe that they only have 3 million GEOs, which is a very low conservtive number based on everything that has been realeased, and even if you used only $150 per GEO, which is an extremely low figure, you would get $450 million.

If you are not willing to accept that they even have 3 million GEOs, then. LME is just not for you. However, I think most people in this forum would assume based on everything that has been done and released that they have lots more than that.

I think that should suffice as an explanation for the market cap, without even citing all the numerous pluses there are about LME. If you go back, you can read them.
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