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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. > Thoughts on the Geosurvey Press Release?
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Post by Wizzle on May 16, 2023 11:19am

Thoughts on the Geosurvey Press Release?

any input?
Comment by BidingTime on May 16, 2023 11:55am
I don't recall any mention of a survey of this nature in the recent MD&A, in the forward looking comments. Seems possible that this study could be at the request of a late stage purchaser, or to add further insights to the already rich database that describes the mineralization of the Ishkoday. Other thoughts?
Comment by LaurionLong on May 16, 2023 12:47pm
If I were about to spend a few billion dollars on a 47 km square property based on the work done on 5 square kms I'd want to know SOMETHING  about the other 42.   This is a hugely positive sign that buyer(s) are working with LME in IMO.  
Comment by matlas on May 16, 2023 2:00pm
I agree. It is hard for me to believe that this is not something that was suggested/required by a buyer at that table. If this were something that LME just though-up on their own, they could have done it along time ago.
Comment by Wizzle on May 16, 2023 2:12pm
I noticed that "The airborne survey, set to start in the coming week,"  I don't know how fast these things usually move, but I did find it suprising that they are moving forward within the week on this.  Makes me wonder if there is some urgency with a short term timetable.  
Comment by matlas on May 16, 2023 2:17pm
Right, Wizzle. Especially since there was never any hint that this was in the works previously!
Comment by JoJoHairBlo on May 16, 2023 3:22pm
It could also be a scheduling issue with the helo company. 
Comment by DAM$ on May 19, 2023 4:37pm
Faster than fast. They will start flying tomorrow. The equipment is already onsite, assembled and ready to fly. At the rate of speed these usually fly between 30-40 m/s the survey should be completed this weekend. I guess they want the results for the drilling that was scheduled to start mid May. The speed at which this seems to have been put together and the fact that they had to ship the ...more  
Comment by Not2smart on May 19, 2023 10:06pm
The Geosurvey is very interesting, look it up online everyone.   I’m also hoping it’s a request from the acquirer.   Why now.  Why so fast.  Hmmmmm 
Comment by BidingTime on May 20, 2023 10:53pm
This geosurvey, and the speed that it's being executed, is the most bullish news that we've seen in some time. Let's hope it leads to some goods for us LME longs... 
Comment by Wizzle on May 21, 2023 11:30pm
I would like to!   Do you know how to find it or possibly have a link? 
Comment by Not2smart on May 22, 2023 8:07am
https://precisiongeosurveys.com/wp-content/uploads/file/Precision%20Brochures.pdf
Comment by Not2smart on May 22, 2023 8:18am
Roger (Facebook)  and Cynthia (LinkedIn)  both uploaded a movie of the helicopter and the sensor if want check that out too
Comment by Wizzle on May 23, 2023 11:01am
Thanks
Comment by Anthony13 on May 23, 2023 11:38am
They will tell the results to the potential buyer .... they will be pleased buyout finalized and we get a Halt and they announce they have been purchased and we all feel like we just won the lottery ....lmao dreams are for free.  
Comment by Wizzle on May 23, 2023 3:55pm
They will probably out out a release when they are finished the survey though, whether they include the results or not, correct? 
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