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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. > What to make out of this
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Post by Anthony13 on Jan 24, 2023 10:24am

What to make out of this

Any insight matlas on this news release you have been very insight full on your post and I look forward to what your opinion is.  It looks like they are trying to reevaluate some of the previous estimates.  To be quiet honest  the language is above my pay grade.
Comment by mithril56 on Jan 24, 2023 10:37am
Here's comments from Roger. -- Great LAURION Mineral Exploration Inc. Press Release this morning from Cynthia's desk. LAURION is moving forward in realizing optimum shareholder value. More positive NEWS to follow! Educational Note: Unfortunately mining company investors especially junior miner investors/shareholders really DO NOT understand where the $ value is created in ...more  
Comment by matlas on Jan 24, 2023 11:21am
Then, someone went on to ask Roger on his FB page: " once DRA Americas quantifies the cost of production, would that be considered more valuable and/or understandable information for mining company investors? In other words, more investors might realize the value of LME?" I dont know what Roger would say, but I think that if investors have not realized it by now with all that has been ...more  
Comment by mithril56 on Jan 24, 2023 12:59pm
Additional comments from Roger  Q: once DRA Americas quantifies the cost of production, would that be considered more valuable and/or understandable information for mining company investors? In other words, more investors might realize the value of LME? A: Very good question.   DRA's role which is already officially at play (under specific agreements with LME) 1) is not only ...more  
Comment by matlas on Jan 24, 2023 1:36pm
Very interesting. However, I find it curious that it refers to DRA as "independent" when thee guys who is leading the efforts was granted options to acquire 250,000 shares of LME stock. Wouldn't that remove any independence?  I also find it strange that options went to him personaly when, I presume, he is working as an employee for DRA. Also, the folllwing extract buttresses ...more  
Comment by matlas on Jan 24, 2023 10:59am
Thanks for your flatterring comments. It is hard to know what is really going on here and I dont pretend to be able to evaluate the technical stuff. I just focus on big picture. What I find interesting is that seems to confirm my assumption that no real future drilling stuff, just reevaluating things that have already been done. In addition, confirms my belief that 43-101 not part of the ...more  
Comment by NoRealPlan on Jan 24, 2023 11:18am
I'm excited for the completed three-dimensional deposit model.   Laurion website has tonnes of info and pictures... but I think we're gonna see a super cool interactive 3D model with info and loads of detail. (Like the death-star attack plans)   I think this will help us understand not only the quality of the ground metals, but also their accessibility close to the ...more  
Comment by ilovexau on Jan 24, 2023 11:48am
Actually ths PR does talk about next season's Feild work focus aka "drilling". There will likely be no stopping the drilling as long as there are tax credit dollars in the LME bank account, of which there are millions.  Reading the PR explains that the findings of the  previous seasons drill program feeds into the data library directing where to focus next. It states that ...more  
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