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Bullboard - Stock Discussion Forum 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... see more

TSXV:LME - Post Discussion

Laurion Mineral Exploration Inc. > After affects of PP's
View:
Post by DAM$ on Sep 22, 2022 1:35pm

After affects of PP's

Something made me look back at the closing dates of our PP's and I noticed something interesting, to me at least, As I am always looking for the positive spin. The price has risen on no news other than the PP for 4 out of the last 6 PP's and 3 of the last 3. Chart below
What will it do to the price with the closing the day before the AGM and especially if there's an announcement linked to whomever the buyer is???
I'll go buy more shares while they are still at this low low price. 
Cheers

Date of PP Closing Price on date Price at Peak & date Percentage Increase
       
Dec 31/2021 $0.75 $1.04 Jan 18 2022 39%
June 7/2021 $0.63 $0.67 Sept 9 2021 6%
March 15/2021 $0.20 $0.75 Apr 28/2021 375%
Dec 31/2020 $0.20 No change  
Oct 19/2020 $0.22 No change  
Aug 13/2020 $0.20 $0.23 Sept 11/2021 15%
Comment by matlas on Sep 22, 2022 2:37pm
Very interesting DAM$-thanks for sharing. You are probably right. However, at this stage I am so loaded-up with LME stock that I would have to sell a kidney to be able to buy more!
Comment by DAM$ on Sep 23, 2022 12:55pm
Please cancel the current low price sales event. I'm all in. Unless I hear back from my ad on Kijiji selling one of my kidneys. :o) Let's get the 1 or 2 PR's before the AGM, then hear the big anouncement from Cynthia and BLAST OFF on the post PP effects
Comment by matlas on Sep 23, 2022 1:06pm
BTW DAM$, I find it interesting that the past few PRs that announce PPs of flow-through shares (including the original one for the roughly $500K on 9/14) don't even mention any anticipated closing date, yet this one makes a point of mentioning a closing date the day before AGM.. Is that significant? I don't know? A signal that something significant at AGM that might bump share price? We ...more  
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