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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 24, 2024 9:46am
198 Views
Post# 36145934

RE:RE:RE:RE:Question for Doug

RE:RE:RE:RE:Question for Dougit would actually excite me MORE if they stopped doing small drill programs every year and did a large capital raise for EXTENSIVE drilling over selling now for $2-3. Not only would this launch them into a position of financial strength BUT I believe it would help the SP greatly for those who want to exit and still get a 2-3x from where we are now. IMO its the best of both worlds for everyone here. 

My issue has always been that the drill programs have been small, their moves slow and calculated BUT mixing that with not accepting anything but an all cash offer in a disposition scenario could mean selling into a lower offer (which IMO Cynthia would never even entertain) or taking so long half of us die before this sells. seeing a .35 sp for the next 2 years would drive most mad.

im ALL for partnering, capital influx,, more money in the coffers = more drilling, more marketing, more awareness and then they can dispose in another 2-3 years for 5-10x of that new SP. 
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