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. > Winter Drill Program

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Comment by NoRealPlanon Jan 29, 2024 11:53pm

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Post# 35851936

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Winter Drill Program

A low share price is to our benefit though, no?

I wonder what price Cynthia wants for this thing?

Like, was there an offer of $4/share that USGC and the committee was put together to review and the decision was made to not accept the offer but the buyer was told "let's drill some more and maybe you can increase it cuz that's not enough"?

was it $6, $9?
was it $7 with shares or $5 all cash?

was there even an offer?

it's interesting to speculate.

No deal will be easy or simple to complete and there could be many months of negotiations.

Sorry bout your Lions, Steve!

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