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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 Mattheu11on Apr 14, 2024 11:26pm
282 Views
Post# 35988686

RE:What the meeting was about! Most important comment missed

RE:What the meeting was about! Most important comment missed

Maybe what's missing on all this is the fact that interest rates are considerably higher than any purchaser would take on ASAP.  Why not wait til a drop in US rates to secure the billions needed for this deal to come to fruition. Stock prices/ gold prices... not sure if it is relevant as much as 6 percent vs a possible 4-5 percent rate for interest all cash parties. A cut in rates could inspire many to jump in. 

Bottom line is this property is literally "gold" and one would have to think that many would be all over this as an acquisition. 

LME long

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