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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 TraderRCon May 21, 2024 11:51am
199 Views
Post# 36050073

RE:RE:RE:RE:RE:RE:RE:Gogo wings - Two bucks

RE:RE:RE:RE:RE:RE:RE:Gogo wings - Two bucks
Good day All.
 
Folks, this is are getting a little crazy with the comments here.
 
Who better to be running this company than someone who has a lot of skin in the game.  Really, a Management change at this stage of the game? Sure bring in new management, pay them big bucks and they keep taking their salary until the bank account runs dry, then make a great deal. Or compensate them heavily conditional on a sale, with the amount of shares they have I am sure they will get us top bucks for the company. Where is the incentive? They will get a sale at rock bottom prices then these same people will be the ones leading the charge that they sold too low.
 
In my opinion, we have the best management team in place to take us across the finish line.  And for the expected returns, I am sure it will be worth the wait.  I have full confidence in Cynthia and the team she has put in place. 
 
When this is all said and done, people will be comparing future juniors to Laurion to make their case,
-President/Ceo as the biggest investor
- large portion of company with Family/friends investor
- Well financed balance sheet
- No issues with adding private placement
- top notch list of partners working on the property 
- many taking shares in company as payment
- increasing strike zone
- two former producing gold mines on the property
- purchasing adjacent properties 
- well researched drill program 
- consistent impressive drill results
 
I am sure there are some other points that I missed, but you get where i am coming from.
 
There are some of you out there that will disagree with me, and that is fine.  There are those that have lost confidence in Cynthia and the management team, to you I suggest selling your shares and moving on to a company that offers you that confidence in management you are looking for.  There are lots of junior mining companies out there that will be happy to take your money.

The way I look at this, the longer it takes, the higher the price will be. This deal will be in the billions, there are a lot of i's  to dot and t's to cross.  The bigger the deal the more complicated it will be to complete. Both sides want to make sure they are making a great deal for their shareholders/investors.
 
As I said previously I have confidence in Cynthia and will continue to hold until we get that BO announcement we have all be waiting for.  When that day comes, weather it is the $4 as some have suggested, or the $30+ that our friend Matlas suggested before he went into hibernation mode, I know she will get us the best deal possible.
As usual, just my two cents.
TraderRC
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