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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 NoRealPlanon Nov 14, 2023 10:40am
332 Views
Post# 35734300

RE:RE:RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic Objectives

RE:RE:RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic Objectives

I think the buyers are always at the table. There are many corporations that would like to have another large property full of gold to mine. I'm sure many CEO's are "in touch" all the time.

But the Junior has to prove the assets are in the ground. We had that in 2021, but when the expected and wildly rumoured offer from a private company didn't get completed, new land were opened up and the area became larger. This new land was logged and surveyed this year and will be drilled next year. (can't just drill without the ground work)

The buyers probably won't pay for land that isn't drilled, catalogued and reviewed by experts. I could be wrong, you guys seem to think some company comes out of nowhere with Billions of dollars because Cynthia is cool and it's likely to have gold, but I think they've gotta drill and drill and drill to show the metal.

So we wait.

And Gold prices need to go to $2200.

I said fall 2024 and I'll say it again. $25+ 10/24

 

Everytime I've said this in the past fricken old gruff n grumpy-pants would jump down my neck saying it's imminent and I'm "ridiculously uninformed". I'm so happy he's in his stupid cave.

 

I expect to be at $1.50 in April and $4 in August, especially if Gold keeps climbing and setting new higher floors.

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