RE:RE:New Press Release - Laurion Announces Proposed Non-Brokered Private Placement Of Flow-Through Shares Quite often I see downward pressure on a stock's share price and then a PP is announced close to the current share price. It's getting hard not to believe that manipulation is not taking place and is not related to getting a PP at a lower price.
-More share dilution is not attractive.... closing in on 300M Outstanding shares.
- weren't we told we had enough cash to fund exploration beyond this year?
- this amount used for drilling at cost of $250/m gives us approximately 7000m of drill holes.
-there is zero promotion of this company nor any interest or knowledge of LME from outside of our forum
Now my rant:
Im not happy to be holding the bags in this stock when I could've capitalized on the gold and silver run of the last few months. Especially considering the lack of liquidity and movement in LME share price. Curious if any of the 20k followers and industry folk that Cynthia has on LinkedIn actually invested in LME? If not...why not?
I'm Starting to think that any sale will happen beyond this year....and the special committee and fully refundable $250k to obtain financial services of USGC was to keep us shareholders from dumping and instead hold for "the imminent sale". How legitimate does the offer have to be when forming a special committee? And if the bid or offer fails...is LME obligated legally to notify us and announce a dissolving of the special committee and USGC arrangement...or can they keep them around forever they choose?