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. > Stock price and TRUE value...two very different things

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Comment by ahsineegon Mar 09, 2024 5:29pm

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Post# 35924734

RE:RE:RE:Stock price and TRUE value...two very different things

To further add to my last post, here is the Presenation that Doug referred to for the Magino Mine, owned by Argonaut Gold. (Specifically look at Page 8 for Guidance) . CASH COSTS are estimated to be $1,050 - $1,200 / oz, and AISC is estimated to be $1,650 - $1,800 / oz. Those are terrible unit economics and from what I understand (and compare to Greenstone) the Ishkoday will have VERY VERY VERY low production costs.

Exciting times ahead! (albeit stressful with the current share price).

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload