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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 TraderRCon Oct 03, 2024 12:49pm
272 Views
Post# 36251926

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 UpdateGood Day All,

Bracko, while your numbers are correct, one big note your are missing. She DID NOT have to exercise her options at this time.  She has approx 8 months on one portion, and over 1 year on another portion to excercise.  She is essentially tieing up her money when she didn't have to.  She could be investing in another company making money.  Instead she has made the decision to put her money where her mouth is. 
For all that think this is fluff, she is sending a message.  This is her message to those that are looking for something from Cynthia. 
While most of us reading this don't have options to exercise like Cynthia just did, you all have the option to sell your shares in the open market if you don't think we are close to a deal.

In addition, one important line in the PR  "or generate immediate returns through a transaction..."  The deal may happen at anytime.

I keep looking at the glass as half full, and am positive on this PR. As I said previously and will repeat once again, we are one day closer to the Buy Out. 

TraderRC

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