Laurion Mineral Exploration Inc. V.LME

Level 2 data - Jan 19 11:06am

[mithril56]

[Level 2 data below]

The $25 asks are VERY optimistic.  I can't really see how LME would get there in the short term.  We have a float of ~250 million shares, plus warrants/options.  A share price in the $5-$7 range would seem more reasonable if we were looking for a similar outcome to GBR.  Just my 2 cents, but open to hearing other thoughts...

[Talkstock]

this is how the guy who recently convinced me to invest in lme explained.  End price will depend on the proven mineral deposit at the time of an acquisition. So far we know Lme has gold, it's near surface and easily mineable. All good indicators. The total proven volume is yet to be decided. Has lme published how much they are estimating? let me know your thoughts  

[DAM$]

From an Aug 2019 article they were forecasting 10 million ozs With funding successfully sourced from a specialist investor group, Laurion’s growth cycles in the mineral exploration world can begin in earnest. With plans to complete six trenches, to validate projected yield numbers of up to 10 million ounces of gold, the team is set be extremely busy and while it could be all too easy to

[Yepnewpapy]

Potential 10M oz Au On the website when you click on 43-101 you end up on the corporate presentation Where is the 43-101 Market cap of 270 million $ ....All time high..... HUM !