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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 Aug 08, 2024 11:06am
281 Views
Post# 36169481

RE:The case for the SP to remain flat

RE:The case for the SP to remain flat

great post

interested to hear how long you will remain "long"  and what your target would be for a BO before you wanted to see a management change or a dramatic shift in tactics? 

I do think that the way this company is structured it would take a CONSIDERABLE amount of people that were unhappy with the status quo to effect any change...and its been strategically set up that way. It's almost impossible for Cynthia to be replaced even if she and the other management have done everything in unorthodox ways and have contributed to making your extensive strike list. Thats the only thing that worries me here. If they want to preach insanity and do things the same way over and over and over again every year without any progress in SP or a BO then they should immediately be replaced because we will just end up running out of money in 2-3 years and sold off for pennies. 

the more time that passes now, the less likely they'll be able to keep milking their PP Paypigs to sustain more exploration AND time is running out from a management perspective, unless you want a 77 year old woman running around the muck and trying to negotiate a deal. 

SOMETHING has to come to fruition in the next while. 

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