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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 fatlason Oct 27, 2023 9:49am
166 Views
Post# 35703846

RE:RE:You got to be kidding me

RE:RE:You got to be kidding me

I'm not Steve - sorry - but I know that the price of these things is not entirely up to the issuer - the market regulators have a say and current market pricing is included in the decision making. 

I think if you did the math - the lack of warrants is far better for us shareholders than a potentially low issue price. 

yes - some people lost faith this morning and parted with 23,000 shares (so far) - but an absolutely equal number of shares were picked up - for no more than they had to pay for them. That's how the market works. You choose which half to focus on - if any side at all. 


The news today - some arguably well-informed investors decided to invest real money into LME. Without normal warrants. If they bought on the market we'd be up and everyone would be ecstatic. It didn't - so some people move on and other people get some shares on sale. 


This really isn't a problem. It is positive - and if you buy into the matlas 'last chance to get in' theory - it's very good news. 

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