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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. > For what it's worth...
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Post by TraderRC on Oct 06, 2022 11:26am

For what it's worth...

The way I look at this, the fundamentals and the reasons I originally bought my shares have not changed. Everything seems to be the same, with the information we know. The one piece of news, new CFO is the only difference, but as discussed in these post, the part-timer is gone, and we have a full time CFO, which should be looked at as a positive. I think a lot of people were disappointed that a buyout was not announced at the AGM, and are worried it won't happen soon. I told my wife the current price, and her first response, "should we sell?' My quick answer NO. I think that there are a lot of panic sellers out there. Until they are gone we may get some more fluctuation in price, and then my guess it will level off until we get some news. I go by the rule, invest what you are willing to lose. I will sit tight and enjoy the ride. It will make it that much sweeter once the buyout gets announced. These is my two cents, for what it's worth.
Comment by Neil68 on Oct 06, 2022 3:12pm
Very good post, TradrerRC. I suggest everyone re-read TraderRC's post. While you are at it, re-read Timeandmoney's post from a few days ago as well:  https://stockhouse.com/companies/bullboard?symbol=v.lme&postid=34996311
Comment by Timeandmoney on Oct 06, 2022 3:43pm
Team LME As per the comments linked to this post, below is my message that was referenced. The only minor adjustment to my point of view is the move from a part time CFO to a full time CFO. I would have preferred a better narrative from LME to explain the reasons behind the change but in reality the CFO switch has no bearing on the fundamentals of the company. I encourage readers to think in ...more  
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