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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 fatlason Nov 23, 2024 12:09pm
234 Views
Post# 36327430

RE:RE:RE:RE:RE:RE:RE:LAURION Mineral Exploration: A Promising Mineral Development

RE:RE:RE:RE:RE:RE:RE:LAURION Mineral Exploration: A Promising Mineral Development

They (and ALL publicly traded companies) are absolutely prohibited from being anything but vague - on anything related to M&A. Whether we understood it at the time we bought in or not - this is exactly what we signed up for when we bought into  a public company specifically to benefit from it being sold.

It's completely frustrating - I know - until you accept it. Once you do it's pretty simple - take your best guess at a buyout price - discount it for time and likelihood of success - compare that expected return to your other options and make your call. 

My math on this tells me to continue holding. 

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