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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 18, 2023 1:46pm
252 Views
Post# 35790219

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

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

Steve was referencing someone else's post, he did not say that no one on the board of directors wants to sell. I believe this is the line you're referring to.

"The only correction I'll make is on the point that nobody at the top of LME wants to sell the company." - Steve's post. 

Maybe you're right and Lme isn't for you and the "substantial" investment you have can be used elsewhere. In that case sell your shares and come back later... just don't miss the boat! None of us know when it's leaving! I for one am keeping mine and getting as many more as I can afford to get my hands on!

I wouldn't get too caught up on age.. Warren Buffett made that mistake earlier in his career. The coles note:

There was a 90 year old lady wanting to get bought out of her family furniture business. Warren bought her out but kept her and her family on as management, one of her sons had the final say on all matters in regard to management (under buffetts advisement of course) there was a disagreement and at the time I believe she was 95 or so. She left and opened up shop right across the road and almost ran Buffetts business out of business. The moral of the story according to hueffet is never judge someone's ability based on their age and always get a non compete clause when buying out a business! 

 

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