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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

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Post by newbie8484 on Sep 26, 2022 9:08am

Stock price.

I’m Confused. Why does the stock price look like it's opening up at $.49?
Comment by Pasta86 on Sep 26, 2022 9:15am
My guess is someone messing around with 60,000 shares. At 15 mins to open its now .86 after being .81 for a little while. Not sure what the point is though?  Bait people to sell low?
Comment by Jdsocials on Sep 26, 2022 9:18am
Keep in mind that whatever the lowest "limit sell" is, you will not see all the other limit sells above it. So they have it at .87 worth 60k You cannot see .89, .90, .95 etc. Those order will be filled first. So if someone has a buy order at .99 for 60k, that whole 60k order will be filled at .99 vice .87.
Comment by DAM$ on Sep 26, 2022 9:35am
Someone at Scotia Bank had 60000 with an ask of .85 Ended up getting them dumped at .97 Crisis averted. Except for the person who won't be getting to cash out 60000 when it sells
Comment by poetprose on Sep 26, 2022 9:42am
chances that its Nick offloading more?
Comment by HMcanada on Sep 26, 2022 8:22pm
Hi All! just a question to the group.... what happened today to the SP (although not as severe) ... also happened just before the CEO exercised her options few months back.... we had sort of a flat SP... then a big dip and then the CEO excercised her options.... I can't but wonder ... how is this possible .... I'm just thinking out loud with you guys .... your feedback is much appreciated ...more  
Comment by Wmaver on Sep 26, 2022 8:49pm
I didn't calculate the totals, but it wasn't that much volume below 97c. You have to remember that most of the shareholders are already at 5-10x their investment in the last 2 years. 2020 I have some buys at 18c. Again 5x my money in 2 years is a GREAT investment. So if I sold today ( and I have sold some to pay bills) pretty wonderful investment. More than most hope for and I am not even ...more  
Comment by Strykegold on Sep 26, 2022 8:53pm
I don't have the exact numbers in front of me right now but I can tell you that the majority of trades were between anonymous in the market maker Integral. Two few buyers and sellers in very low volume makes it very easy for them to manipulate the price and hold it where they want it. I think the original opening ask by the person from Scotia bank was probably a mistake as why would anyone try ...more