Laurion Mineral Exploration Inc. V.LME

A) B) C) or D)

[Smitty64]

Hello LME Team, I know we are a short time away from key news and the following ‘multiple-choice’ style question has been at the top of my mind for a while now. Would love your opinion/insight/feedback: 

The final assay results were intended/supposed to be posted on the week of July 4th when Roger, (Cynthia’s husband) posted back on July 3rd that “We can expect more assay results probably this week” …and still nothing.
The reason they have not publicized the results from the highly anticipated A-Zone and McLeod Zone is because:

1. The lab is legitimately still delayed (almost 1.5 months late…)
2. They are waiting for the record date of August 19^th to pass to announce their best findings. This way any new shareholders who buy on the news will not be eligible to register for the AGM vote. Therefore, they will not be allowed to vote against a buy-out whereas all the longtime shareholders (80% friends and family) who have owned for the long-term will be locked-in for a majority vote.
3. They results have come back underwhelming and Cynthia + her close circle have been slowly off-loading their exercised shares to people like us who have been accumulating in anticipation for months – a reason why the stock price has stayed around $1 despite speculation that it should be much higher.
4. None of the above

Obviously polarizing options but curious about what others are thinking.

Thanks!

[AgentBinky]

Good question. Have a chunk of shares, added today, would like to buy a lot more, but concerned about c. There's a wall of shares for sale, and no matter how much buying/volume, the wall regenerates. Seems like someone or group, with seemingy infinite number of shares, happy to sell around $1.05.

[DAM$]

Definitely C. The insiders, With 80% of 250,000,000 (for easy numbers. Don't correct my rant with the exact count) are selling their 200,000,000 million shares. The average of maybe 250,000 per day traded it will only take them 3 years to sell all their shares.  That savvy Cynthia grabbed those million options so she can make an extra $75000.   

[matlas]

Very funny DAM$!  I hope everyone is smart enough to know that you are joking, but some folks are dense and have no sense of humor.