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.

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Laurion Mineral Exploration Inc. > Press Release

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Comment by keen2knowon Oct 04, 2023 1:27pm

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Post# 35669422

RE:RE:RE:RE:Press Release

I want you to be correct over anyone in here, believe me! But you do need to look at this realistically.

I didn't say it would be a failure, what I said was if the special committee was formed specifically to deal with an offer right at that moment, then there was no need to hire a PR guy because there would have been an announcement due any day. My theory is that the BO is further away than the general consensus on this forum, hence they need a PR guy to keep things a bit calmer and throw us a bone in the meantime.

I would also say that putting $250k down is not a big deal at all because it looks refundable if they do not secure a deal which would mean 0 risk to LME.

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Advancing flagship Ishkõday Gold Project in Ontario