Thank you all,
I enjoy reading this forum.
The result of my experience in 20+yrs business/investing & 3yrs research of the Ishkoday project.
Laurion Mineral exploration is in the proces of due diligence for the next phase (sale) of the Ishkoday.
The right people with the right tools in the rights places. All the boxes are being checked, This process can take a year or more. 2 years for a big deal.
Now, Think about this...
What would you do, if you were at the finish line with nothing left to do but wait for the signatures? Can't go far, you need to be onsite..... I would spend time with my team doing what I love the most, prospecting. Boots on the ground, looking for gold. Spend the last $1m that is set aside for the purpose. & Post the pics. (Hopium ingredients here)
my $ valuation
-It could go to zero this year. I've had it happen to previous mining investments. Go, go, go & gone.
-it could drag out for years.... sell for $1
it could drag on a few years & sell at $6-8 this would be my lowest estimate based on all of the years of criptic positive press. Maybe they've only actually proved 6-8m GEO. Not the target 10. They are now opening up more area to try to find something more.
& the upper end of my swing.
it could sell for $30+
15m+ GEO would be one of the larger gold mines in Northern Ontario and would bring a lot of attention. a deal of this size would need to be protected. Held tight. ALL boxes and extra boxes must be checked. We know This is one of the tightest held companies in this sector. All big players sitting on the LME bench & Strategic press. (hopium ingredients here)
either way.... $0.44 kids.
this company is way beyond still looking for gold. They have put together the entire team in the past 12 months to make and complete the deal. Period.
Do your research on how a property gets turned into a mine and find out how many boxes LME has checked. they don't want to build the mine, the next owners will.
I'm a Laurion short because it's almost done.