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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 Jimo82on Mar 07, 2024 8:37pm
250 Views
Post# 35921816

RE:RE:Stock Coverage

RE:RE:Stock Coverage

I don't believe those % are accurate and more of an estimate. F&F category is probably blended in with the retail to some degree as that can't be 100% known and is a guesstimate. Unless brokerages and clearing houses send her a list with everyone's name. I would bet the available float to trade is a lot more. With little to no buying because of the lack of coverage and obsecurity it's hard to know. If several institutions started to submit buy orders with blocks of 1-5 million shares, watch the volume and SP increase, then with a smaller float and everyone holding, the SP goes to new highs as the demand outweighs the supply. 

All the major cap stocks issue share buy backs to decrease the float and essentially the supply to boost their SP. 

LME has ample investors, insiders and directors selling. The buying is basically being done by long term investors most likely dollar cost averaging in. Everytime we hit new lows I try and buy more, I'm sure others do as well, but the supply outweighs the demand and that's why the SP keeps getting smacked down. Need demand! 

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