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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 StevenHunteron Nov 09, 2023 11:32am
249 Views
Post# 35726197

RE:RE:RE:RE:43-101

RE:RE:RE:RE:43-101

I agree.

Keep in mind in terms of the immediacy of scaling up a drill program around newly acquired property.... there's a process to execute before just plunking drill holes down into rocks.

Sampling, water study, assays, magnetic survey, LIDAR......   on and on.   Laurion has always been very proud that when it drills it finds minerals EVERY time.   That's not by accident.   The same process will be executed on the new property and Cynthia is expecting excellent results.   


To the point of the quoted post below, look at this strategy as an aquiror as opposed to a watcher of the share price and it's about the pie getting bigger.   Maybe a lot bigger.  The pie is what they pay for and if it's growing I would want to buy that pie sooner rather than later.   The more it grows, the more I have to pay to take a bite.

That's the most attractive asset a buyer can hope for.  Have your own view and make your own decisions, absolutely.   I'm hanging onto every share and I don't think it's a long road to being happy I did.   My opinion.

-Steve


Mattheu11 wrote: Really just believe part of the process. Any buyer will look at this as diligence done to expedite and further justify their purchase. Truly think this comes to a positive end result sooner than later.

 

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