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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

Post by keen2knowon Oct 21, 2024 12:10am
183 Views
Post# 36274163

Business as usual - until it isn’t….. Isn’t enough

Business as usual - until it isn’t….. Isn’t enough

The phrase used regularly here is 'business as usual until it isn't'. My view is that the business as usual isn't enough. We should be drilling more if we want the figures that are spoken about. 

after this long, to have a small % of what Cynthia set out to prove doesn't feel enough. 

great that there's money in the bank but I would rather that been used to prove more gold. Much more valuable than bragging about a bit of cash in the bank. 

The talk that money in the bank makes negotiations easier as we are not in a position of weaknesss. But if we have more proven resources, then we will find it easier to raise PP (which hasn't been a problem so far). 

Cynthia is picking up a healthy salary and if this thing never sells, she will still have a more comfortable retirement than 95% of us.

 

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