Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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.

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Laurion Mineral Exploration Inc. > GBR buyout comparison

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Comment by JoJoHairBloon Dec 13, 2023 1:59pm

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Post# 35782644

RE:GBR buyout comparison

They did the MRE after purchasing the property. Kinross only had the data that GBR had (maybe some of their onw), so it is unlikely to think that Kinross knowingly paid $500/GEO. Also the MRE you mentioned was only the initial. I'm sure that Kinross plans to do more/find more as the go, which will ultimately bring down the $$/GEO in the long run.

But I do like the sound of $18.50/share. Lets hope so!!

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