RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - LAURION ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARESThats fair. I understand Cynthia is in a position where she needs to be exploring all possibilites, as any great leader should. In the scenario you have laid out I get stuck on the idea that we already had a great balance sheet with a solid cash position that would take us into 2025.
I strongly agree with the idea though that whoever it was buying in, this is more of a positive than it would initially appear. Those people are not putting that kind of LME if they are not expecting a great return. Follow the smart money!
Matlas you had said "to accomodate significant long terms investors.... they needed year-end tax shelter, and LME accomodated them in recognition of their support over the years. LME did not really need the $$$." The more i digest this information the more i agree with the idea that this is a way of showing support to those investors and giving them a bigger piece of the pie for their commitment, still not thirlled my piece is marginally smaller but something is still better than nothing!