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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 Anthony13 on Jun 01, 2023 2:04pm

Crickets

Since the geographical imaging and mapping has a fast turn around period as per that brochure which was posted by someone a day or two after the announcement was made they were going to engage in it and we still have not heard anything I hope there is more going on behind the scenes.  Anyone else have any comments ? Since all if this potential data like MRE won't be realised I hope they are at least talking to some suitors and have a few irons in the fire.
Comment by Blacky1 on Jun 01, 2023 2:18pm
It's possible there may never be a buyout!!
Comment by matlas on Jun 01, 2023 2:56pm
Not a realistic scenario.
Comment by matlas on Jun 01, 2023 2:57pm
I meant about never a buyout.
Comment by Mattheu11 on Jun 01, 2023 3:16pm
Anything is possible... probable is a different story. 
Comment by Lambosntendies on Jun 01, 2023 3:25pm
The ishkoday will become a mine someday, i the we are past the point of examining whether that is feasible or not, it is. The propablilty of Cynthia being the one at the helm when that happens is next to zero in my opinion. Cynthia and the LME team have continually been adding shareholder value step by step as the project progresses in order to hand the project off to an aqcuiror on a silver ...more  
Comment by Smitty64 on Jun 01, 2023 2:39pm
As @timeandmoney stated in his last post; my thoughts align in that the geographical mapping is the second last step in the “show and tell.” I think when they complete the data entry of the mapping results into their models, they will have a truly holistic 3D understanding of the property. Then, I believe the final piece will be this quarter’s redrilling: they will use the geographical mapping ...more  
Comment by matlas on Jun 01, 2023 3:48pm
Smitty, I would bet that before they "publicize" any asset results, there will be a BO annouced. I believe that the suitor is already "in the wings". The helicopter survey was sudden and "out of the blue" which leads me to believe that it was not just done "on spec", but at the behest of the suitor.
Comment by JoJoHairBlo on Jun 01, 2023 4:17pm
Didn't they cover DRA Global's fees with 250k shares?  I'm pretty sure a company like that wouldn't agree to such a deal like if they didn't think it was going to be worth their while.
Comment by DAM$ on Jun 01, 2023 4:51pm
Vikram Jayaraman, Senior Vice president at DRA, was added to the Laurion Advisory board and was grated 250,000 Incentive stock option.  So yes there is a belief in Laurion
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