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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 Jdsocials on Jun 12, 2023 11:27am

Bullflag

.55 is the bottom line in the very clean bullflag that is forming. I would expect bouncing from here to .58/59 for a couple days.
We are currently doing our pre launch checks. Liftoff is scheduled for Thursday (my hot take).
Comment by Primpage on Jun 12, 2023 12:32pm
Besides if dipping to 0.54 briefly and getting picked up again, I do agree that by Thursday morning I could see them making a BO announcement...LIFTOFF! 
Comment by newbie8484 on Jun 12, 2023 1:28pm
Can you elaborate on this haha? or Pure speculation?? 
Comment by Lambosntendies on Jun 12, 2023 1:32pm
I bet his crystal ball told him ;) I gotta get me one of those. 
Comment by Primpage on Jun 12, 2023 1:38pm
My crystal ball, EDWARD. 
Comment by matlas on Jun 12, 2023 1:43pm
I don't have any crystal ball Primpage, and I would not necessarily interpret Roger's actions the way you have.. However, I am happy to drink your Kool Aid, and reiterate an expression I have used before: "From your mouth to God's ears!".
Comment by Primpage on Jun 12, 2023 2:01pm
My koolaid has a % on the bottle, so I could be wrong after drinking a lot of it. But I certainly wouldn't want to be a seller right now as it does seem like something is brewing. 
Comment by matlas on Jun 12, 2023 2:09pm
For sure, don't want to sell now. However, as to whether a BO announcement is this week or in a couple of months, who knows?
Comment by tuscanybound on Jun 12, 2023 3:25pm
Matlas, I was thinking the exact statement, from your mouth to God's ears! Now Cynthia and John have to say the words  'We have a deal'
Comment by Primpage on Jun 12, 2023 1:37pm
I think we can all agree that Cynthia and Roger are intentional in their words/actions. Last week Roger put a lot of emphasis on "timing is everything", I think the timing of him completing his sailing trip to Victoria was intentional. Amongst a few other "routines" I've noticed, I feel like we are days away. And by JDSocials and Blacky1's messages, I'm not the only ...more  
Comment by Sheerms on Jun 12, 2023 2:16pm
While I'll take the hopium I dont think chart pattern TA is as useful with such illiquid, low float stocks. It takes one person to completely mess any pattern. Even I have enough to do it on this stock.
Comment by Jdsocials on Jun 12, 2023 2:52pm
Completely agree. It is simply a metric to include in any thoughts regarding the stock. It has actually been following a pattern for a while now. So this is either a false breakout, or forming a bullflag. I choose bullflag.
Comment by Lambosntendies on Jun 12, 2023 3:28pm
I think this is a strong bull flag, while technical analysis may not work well on this stock we have some great volume that has gotten us to this level and kept us here. While we may bounce between .50ish-.60 i think this range has given people motivated to sell a good place to sell (for whatever reasons they may have) and a solid floor of support much like the .30ish range was our last support ...more  
Comment by Jdsocials on Jun 12, 2023 4:57pm
Specifically when I say blast off, I mean to the next level. In this case I believe 80-90c. Not buyout blastoff (though I would obviously not say no to that lol). 50% increase is blastoff in my books