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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 matlason Nov 07, 2023 10:29am
262 Views
Post# 35721392

RE:Follow up

RE:Follow upNo, it doesn't help Steve-more FLUFF.

Regarding:

"'ll never tell anyone what to think about that or anything else but I'll share that my view is that the dilution of this and all other flow through issues is minor and of no impact to the future value of LME at disposition."


No, it doesn't impact on the value of LME. But, it has  an impact on the value of MY SHARES of LME. If it is sold for $X Billions, then the value per share goes down by 2% if you increase the number of shares by 2%-simple math. 

So, let's not play silly games about what is happening here.
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