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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 Lambosntendieson Dec 15, 2023 6:45pm
311 Views
Post# 35787704

RE:RE:RE:RE:‘Business until it isn’t’ needs addressing

RE:RE:RE:RE:‘Business until it isn’t’ needs addressing

I respect that everyone can have their own opinion. But this… this just trash. 

 

What do you expect the compensation for a CEO of a mining company with a market cap just north of 125 Million to be exactly? 

 

Cynthia and Roger have poured 20 years of their time and money into this company. That 20 years and the money that they used to fuel this company to where it is today is “skin in the game” and it’s admirable what Cynthia and the team has built thus far. You some somewhat informed on what’s been going on but due to the ridiculous nature of your post I’m going to assume you are plainly ignoring a few things.

 

Multiple strategic partnerships have been formed, those people don’t waste time accepting options or working with a company they don’t feel is worth their time. 

 

The PP and land acquisition were all transacted within range of current share price. Meaning people (arguably the “smart money”) close to the company are comfortable buying in at these prices.  

 

Someone else posted earlier about how USCG is making interest on the 250k deposit. I want to address this ridiculous notion as well. You seem to think that’s income to them. It is technically but hardly worth the time. TD is currently offering 4% for a gic 100 day term. For arguments sake let’s calculate that return annually. 4% on 250k is 10k or $27.40 a day. Hardly income I think they are relying on for their day to day. Their compensation is preformance based.

I'm going back to my cave, have a great weekend everyone! 


hope the next time I wake up it's to a buyout announcement... not to this silliness and negativity! 
 


lambo 
 

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