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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 Thebluestroyon Feb 05, 2024 4:01pm
347 Views
Post# 35863892

RE:RE:Recent Posts

RE:RE:Recent PostsAgreed here, the last several years have not icreased the value of this company from a market cap perspective in the public domain even though everything has been positive....the reality is that this will likely remain the norm until disposition happens. Short of saying "we've been acquired!" or "we've confirmed 15m GEOs!" I do not think we see an increase in SP and holders should expect that. It was on full display this last run, people were more hesitant and we peaked at .76 instead of 1.15 the previous time.  One more "pump and failed launch" event and this will be a dead duck until disposition IMO. This may be a tightly held stock but we're down 40% since October and these factors affect public perception of the company. 

I would honestly prefer absolutely 0 communication until disposition or major mineral resource estimates are released. 

excited to see how this plays out but I believe the further we get into 2024 the more impatient everyone is going to get, including the F & F. That number declined last year and it will almost certainly decline again in 2024 if there is no disposition. Will the same group of tired investors cough up another few million for another PP? 

Crystal ball would be nice!
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