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. > What the….

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Comment by GoldBelton Mar 22, 2024 11:46am

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Post# 35947268

RE:RE:RE:RE:What the….

Well my contact who is one or two degrees of separation from the guy in the know informed me of A MUCH higher buyout than $2/sh.

Even if it is $2, that's 5x current price and 2x of the all time high.

I understand that Matlas is an older man probably in his retirement years. Perhaps he was told the time line to disposition was longer. Perhaps he was told LME had to change their demand for an all cash deal and settle for some combination of cash + shares + royalty.
Or perhaps he's got some damning info on Hilary Clinton that's why he's disappeared ;)

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