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. > Press Release Jan/23

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Comment by matlason Oct 05, 2023 8:12pm

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Post# 35672302

RE:RE:Press Release Jan/23

So, based on your math DAM$, 10 million plus 16 million equal 26 million GEOs for the whole property. I think that is a conservative number.

Then, even if only $300 per GEO, which I think is also conservative given all the positive factors that LME has, that is $7.8 millon, which gives my $30/share.

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Two micro-cap stocks with strong fundamentals