Laurion Mineral Exploration Inc. V.LME

So much interest????

[newbie8484]

What happened to "all" these investors that were interested in LME that they stated when issuing private placements??

[Anthony13]

Fair enough.  Looks like a buyout is at least a year away.  All these people speculate on when it will happen but the market thrashed this pretty bad.  As well I think it was DAMs or someone else that made a great point that someone would be willing to pay more when the shares are at least higher vs them go in going to be at.25 tomorrow and paying a premium 

[Wizzle]

Why the assumption that the buy out is at least a year away? 

[Anthony13]

What makes you think it would be any closer.  Unless they have buyers lined up.  They still have to provide 43-101.  All I can say is this has not been the year for optimal shareholder value ..as mentioned by the CEO. full disclosure I'm long and I have bought at .90 early this year. 

[Mattheu11]

Optimal value...No, not yet.... that said the floats being sold are not the 80 percent that know better than to get caught up in the share price. Buying opportunities are here.

[ilovexau]

What is with the fixation on a 43-101? It has no bearing on a buyer. Any buyer, smart or not, would drop that 43-101 in the shredder, get all the raw data and have there own people do their own assessment. A 43-101 would only marginally prop the share price in the short term which should be irrelevant to those of us holding for a buyout. I personally hope Cynthia puts a 43-101 on the back burner

[Sheerms]

I feel like they are going to do another round of drilling. When they say things like "these resuilts significantly increase the gold mineral exploration potential of the property" makes me think they are going to further explore that potential to maximize value. So im not holding my breath for a soon BO

[DAM$]

I forgot to respond to this yesterday.  I did say I would like it to be higher so the buyout is more palatable to the buyers shareholders but I changed my mind a bit. Someone pointed out (might have been Matlas) that this is basically a private company and it will sell for what the owner believes is a fair price. We are just minority stake holders in Cynthia's company and she knows what