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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 GoldenBull999on Jan 16, 2025 10:39am
229 Views
Post# 36407067

RE:Asking some hard questions

RE:Asking some hard questions

1) Seeing as they are putting all their eggs into one basket (an internal PE sale to John) what is their plan when inevitably they can not find enough money? I don't have confidence that they can even sell this to themselves let alone to anyone else with the current management team

2) Why is there so much inconsistency and confusion with things outside the actual drilling campaigns? Seemingly a lot of good news and news that would indicate a sale would be somewhat close with "the right" parties involved...but then choosing weird moments to "market" the company (stockhouse, REDDIT etc) it seems there is a lot of paranoia from the top in divulging any information, even if they can they choose not to

3) Why is there a sentiment that LME is special? its not and the team needs to realize that. That type of attitude will lead us to bankruptcy and a hostile takeover. They have chosen to walk an isolated path away from how most exploration companies do things and so far its been the wrong path to walk. The longer we go down the wrong road, the longer it will take to recover. 

4) explain the relationship with USCG and why they were chosen to help over other FAs with much, much more experience in the mining sector? 

5) Any plans for extended drilling programs or are we going to continue playing this 18 holes with our putter? 


etc...etc ...etc

There may be common sense answers to some of these and members on this board have done THEIR best to guess...but the TEAM needs to answer fully and openly

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