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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 GoldBelton May 08, 2024 11:43am
251 Views
Post# 36029032

RE:RE:RE:RE:RE:RE:"friend who knows someone"

RE:RE:RE:RE:RE:RE:"friend who knows someone"

Where do you come up with this" 50% risk premium!?”

Any bidder would have come up with an offer based off the data room information verified by their OWN team.  The going rate for deals recently is $300/oz of gold. 

Now if you mean 50% off because the deposits reserves are not measured and indicated but rather infrerred...that's a possibility due to lower confidence. 

https://mrmr.cim.org/media/1128/cim-definition-standards_2014.pdf

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