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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 DAM$on Nov 06, 2024 10:24pm
317 Views
Post# 36300191

RE:RE:RE:RE:RE:RE:Junior M&A

RE:RE:RE:RE:RE:RE:Junior M&A

Furthermore, as I read the part about the M&A and the value it is not the kind of deal value we are looking for. 

125 deals worth $328 M is less than $3M per deal   The last quarter is 3 times more but we don't know how many deals were made  but they are still not the $2B house we are selling  

I'm going to continue to trust in Cynthia's judgement and anxiously wait for the results  from our unconventional unmarketed or at least quietly marketed approach  

From the article - Takeover activity in the mining sector is picking up, with 125 deals announced in Canada in the second quarter of the year, up 34 per cent from the previous three-month period, according to investment bank Crosbie & Co. The value of mining M&A in the most recent quarter jumped to $964-million from $328-million in the prior quarter.

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