Laurion Mineral Exploration Inc. V.LME

CEO Exercising Options - BUYOUT must be imminent!!

[JamesTB]

Talk about the Endgame playbook to a T! 

i checked, the options the CEO exercised, some of them weren't expiring until 2024.... there is only one reason you would exercise stock options (2 years) EARLY.... that's to ensure you get the shares before the stock is no longer publically traded.... 

This is perhaps the most bullish signal we've ever had from an LME press release. 

And right after several fantastic assay results. 

like MRBIGGOLD said, it seems like they are cleaning up loose ends and getting everything ready to complete an ALL CASH deal! 

if you can buy this stock below $2.00, if I were a betting man I would with high confidence suggest you will see atleast 2-3x

if LME doesn't make new ATHs off of this news, I'll be highly surprised. People are missing out on the opportunity of a lifetime if they don't know what this means and aren't buying in accordingly.

[zerohedge9]

I'm not sure if I agree with exercing comment. Can you elaborate? I would think the only reason to exercise options is to have them readily available to trade on open market or if a company had a dividend or if they were expiring. She would still get paid out for every option upon a private buyout. Exact same dollar value if they were exercised or not. 

[Cnb567]

She just stated in her corporate update she has never sold, and plans to not sell any stock until the company has been acquired therefore she's definitely not buying them to sell on the open market. Why else would a CEO excercise every option they own even two years prior to their expiry? 

[Jdsocials]

Tax implications. I'm fairly certain that options would be taxes as income, where as stock increasing is taxed as a capital gain. Would you rather millions taxes at capital gains tax or income tax?

[matlas]

Likely not really true in the sense you mean. Most Pubco stock options are structured so that they are not "in the money" when granted. That is, exercise price is not less than FMV at time of grant. As such, the taxable amount would be subject to a 50% exclusion under paragraph 110(1)d), which results in taxation similar to a capital gain. However, there is one drawback-the taxable

[Jdsocials]

Ah I understand now. So in her case would it make a difference exercising early?

[matlas]

Obviously, I am not privy to her personal affairs, so I cannot say for sure. All I can say is that it is UNLIKELY that tax was a driving factor. If I had to guess, I would think most likely reasons are as follows: 1) To send a positive message to "the street" and other shareholders-if that was the reason, it sure seems to have worked, or 2) To tidy up or simplify for the ultimate BO

[DAM$]

A HUGE SHOW OF SIGNIFICANT CONFIDENCE IN THE SUCCESS OF LME I am certain that she did it as a huge show of faith and convfidence to the current shareholders and the street. She had over 2 million options and therefore still has over 600000 left to exercise. Beyond that, the directors and insiders still have over 6.25 million options to exercise not to mention almost 5 million Warrants. As for

[mithril56]

My thoughts exactly. Now let's see some other directors step up and exercise some options and warrants ahead of expiry ;)