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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 Sep 23, 2024 12:07pm
289 Views
Post# 36236525

RE:RE:RE:Level II

RE:RE:RE:Level IIif only life actually worked like that lol id say theres at least a decent chance that this project runs out of money if they continue the same tactics should a transaction not occur in short order.I think they've put all their eggs into the non-traditional PE BO route and if that fails this won't see the finish line, at least not with the current team. It would require a full blown takeover and proper investment to fuel enough drilling to do an actual MRE.

No matter how positive we want to be its not a good sign ever that whales are drip feeding their shares to the plebs. People with lots of money usually don't end up that way by accident so its worth taking note of large holders shifting shares.

Obviously my own opinons, I continue to hold however the sentiment will shift if we get into AGM and 2025 with the same old same old 
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