Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 fatlason Oct 03, 2024 12:39pm
222 Views
Post# 36251906

RE:RE:RE:New Press Release - LAURION Announces President and CEO's Increased Stake in the Corporation and Provides Strategic Update

RE:RE:RE:New Press Release - LAURION Announces President and CEO's Increased Stake in the Corporation and Provides Strategic Update

Options are exercised at the strike price they are issued at - not some 'hey what do you want to pay today?' number. 

And while you might want a CEO who makes bad (ridiculously bad) personal investment decisions - which exercising out of the money options is (unless you are somehow prevented from buying on the market) - I don't. 

she just took some of her own money and did something that ends up with her owning more stock. These are in the money today - but only if she sells above her strike prices can you say she made a profit. My bet is she won't sell - instead she will add this to her pile of shares to be tendered along with all of our shares for the deal she is working on. 


This is a set of moves - that she did not have to make - that are completely consistent with and indicative of someone who is bullish on the company. 

<< Previous
Bullboard Posts
Next >>