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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 DAM$on Oct 04, 2023 12:21pm
253 Views
Post# 35669261

RE:RE:Press Release

RE:RE:Press Release
Funny how we used to get excited about drilling announcements but now it’s like, don’t tease me with news releases unless it’s about the buyout. 
Yes every example of previous special committees and buyouts had drilling and assay result announcements in the days and weeks prior to their buyout announcement. 
No buyer has to come searching for us. They’ve known about us for years. If you looked at the posts that have been up on this board, you would see that the executives of every major gold mining company are following Cynthia’s LinkedIn posts. Cynthia answers our emails Right away, do you think it’s any different for any prospective buyer's call? They would be given full access to the data room to make their own assessments of the value. They don’t rely on PR announcements from their acquisition target to tell them what the value is. 
LME had money they had to spend on exploration due to tax reasons with a drill plan in mind, and that’s all they’re doing right now is just spending that money. My opinion, the results will not make any difference in our buyout as they won’t come in until after the new year and therefore after the buyout
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