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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 GoldBelton Oct 19, 2023 8:47pm
205 Views
Post# 35692190

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Article

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Article

No company will ever admit there's "someone at the table" UNTIL a formal offer is presented and reviewed. Seeking the "ideal candidate " may mean there are MULTIPLE offers and they will evaluate each offer for maximum value to shareholders. Offers could include shares of other companies/ shares plus cash/ or straight cash deal.  Cynthia is a geologist not a deal maker...professionals were brought in for this.
I've lost track of how many of my mining stocks ended up being involved in deals (15ish) and In each case, there was no public knowledge or leaks. They come out of nowhere. What is common is the hammering of the share price for months before the deal. Sometimes word get out and volume spikes ... keep an eye out for that...however with this stocks share ownership structure tightly held  this might be difficult  

anyways ike Matlas said...the last few hours were a "bad dream".... hopefully soon we'll wake up and see his $30 share price and need to pinch ourselves to see if we're in a dream of our lives :)

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