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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 GoldenBull999on Jul 16, 2024 9:23am
261 Views
Post# 36134370

RE:RE:RE:RE:Charlie Brown

RE:RE:RE:RE:Charlie Brown

IMO, and id hope to be proven wrong soon

- USCG/Committee and all that jazz was more smoke and mirrors than anything tangible and was pushed out too early so the SP would trend up before the AGM. now theyve hit another roadblock and there is likely no one seriously at the table. 250k fully reimbursable fee is pretty nuts.  I also still think Burmi selling a bunch of his shares was the only indication we needed that nothing was close at all...anyone saying otherwise is out to lunch. 

- there are PLENTY of other exploration stage minig companies in a position to be bought out, many of which could be less of a hassle to deal with than someone unwilling to do anything but an all cash deal for a bunch of money when the data room is likely not as impressive as we think.

- they wont release the data room or market this publically at all because they have probably only validated half the number of oz they wished to be done validatting by now and thats why they have started power stripping the new property and why Cynthia is posting like a madman on linkedin again. (theres also nothing wrong with proiving out 5m geos and selling it, but Cynthia is far too stubborn and prodeful for that I fear)  

- I think we're gonna have REAL trouble funding drilling campaigns beyond next spring if Cynthia intends to keep doing this the same way. We're just as  likely to run out of money and get bought for pennies on the dollar due to mismanagement, doubt yoiu can go back to the same group of individuals for years and years and years with nothing to show for it and ask for millions more. 

- her linkedin touts this as the next "10 bagger"  so lets see it happen

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