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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 StevenHunter on Aug 22, 2023 1:54pm

Greetings!

Hello LME shareholders and interested investors!

I spent alot of time over the past few days getting up to speed on the forum.  It's awesome!  I've always believed that forums like this are a wonderful reflection of the markets, it takes 2 sides to arrive at the destination.  Tons of valuable opinions and I have to admit alot of laughs.

I bought my first share of Laurion almost 7 years ago and have been acquring shares ever since.  Over that time I have aquired a very basic understanding of geology and a PhD in how it feels to own part of a junior mining company.  

After getting to know Cynthia and her team and offering to support Laurion we all agreed that the most critical limitation on Cynthia and her team is that days are still unfortunately only 24 hours long.  Exploring a property in Northern Ontario is complicated and time consuming.  Cynthia understands deeply the critical importance of not only how shareholders are informed but also how shareholders are feeling.

To that end, I'm lending a hand to make sure that there's someone from Laurion who shareholders can communicate with easily.  I'll be paying attention here and we are getting the plumbing done to connect me to info@laurion.ca.  That should be up and running in the next 24 hours or so.

Post, message, email.....  I'll do my best to get back to everyone promptly.

2 ground rules:
  1. Be kind.  There have been some extremely rare occasions where kindness has not ruled here.  Such is life on the internet.  Anything impolite, I'll ignore.
  2. Regulations always apply.  There are some extremely relevant and important questions that have answers but cannot be disclosed.  Those regulations must be followed at all times.
That's it.  Looking forward to staying in touch with all of you.

Be well all, go LME go!

-Steve
Comment by Wmaver on Aug 22, 2023 2:00pm
Hello, glad to have an offical voice of LME on here!  looking forward to your inputs. I was just wondering if a general timeline has been discused for the AGM this year?  i know the last 2 were kind of set and annouced 2 months before. and Cynthia replied to people last year before the AGM was annoucned when it would be, so figure it isn't too private info. hoping you can shed ...more  
Comment by StevenHunter on Aug 22, 2023 2:12pm
AGM is way more complicated than I thought it was before I got a look at the process.  There's a timeline that involves the TSX and how the shareholder information package is assembled and then disseminated.  The process is certainly in motion but there are some layers of confirmation that have to be approved before the date can be shared publicly.  Shouldn't be long until ...more  
Comment by fatlas on Aug 22, 2023 2:15pm
Welcome Steve!!  So great to see Cynthia and the LME team getting some more help!!
Comment by Golden7777 on Aug 22, 2023 2:59pm
Great to have you!!  
Comment by matlas on Aug 22, 2023 2:11pm
Welcome Steve ! Glad to have you on board !
Comment by Lambosntendies on Aug 22, 2023 2:18pm
Welcome Steve! Great to have you here! It'll be nice to have some input from an official Lme source in our discussions! 
Comment by Drewman on Aug 22, 2023 2:54pm
Hey Steve, Good to have you here! Just wondering if you can provide any insight into the lack of press releases over the past several months? On this forum - as well as others - there has been rampant speculation over a buyout; I feel that the lack of press releases and publicised direction is constributing to the issue. I would also be curious if you could provide insight into the perceived ...more  
Comment by StevenHunter on Aug 22, 2023 3:15pm
Hello! The press release vacuum is something that feels real because you want news and when there isn't any it's easy to fill that space in with dark marker.  Totally get it.  May seem strange but there just hasn't been anything that required a release.  The view is that a release for the sake of a release is more negative than no release at all and I'd agree with ...more  
Comment by keen2know on Aug 22, 2023 4:42pm
Hello Steve, it is good to have you here and I believe going to be a relief for many. 1/ how did you hear about LME originally 7 years ago?  2/ how have you gotten access when presumably you are a casual investor, similar to everyone here I presume?  3/ how have you "got to know Cynthia and the team"? The press release alludes to you working in your own career in finance ...more  
Comment by StevenHunter on Aug 22, 2023 5:08pm
Hello Keen2know! I think my experience discovering Laurion is much like most here, heard through a friend and then dug into it myself.  I think it was almost 2 years after I was first told about the company that I bought my first shares.  That process of investigating the company led to work on the industry, some amateur geology and so on.... Over time I've been to the site and ...more  
Comment by Smitty64 on Aug 23, 2023 11:23am
HI Steve,   Thanks for taking the time to reply and provide information. My question is: The FAQ you released indicated that there has been at least one past offer. - Can you please confirm this to be true? - Can you confirm that the offer was at a premium to the current share price? - Are you able to share what price per share the offer was? If you cannot give an exact figure, are ...more  
Comment by StevenHunter on Aug 23, 2023 12:21pm
Hello Smitty64! All of that is confirmed in the FAQ my friend, except of course any price that was involved.  I'm not part of the team at Laurion that is actively seeking acquirors so that info isn't something I'd ever know even in retrospect. In the FAQ there is a confirmation of a past offer at a premium to the current share price.  Check out the last sentence of the ...more  
Comment by DAM$ on Aug 24, 2023 6:28pm
Hi Steven Welcome aboard the LME conspiracy, rumor and Buyout prediction board. You have done a great job so far boosting the daily volume to a total of over 1 million shares over the past two days and increasing the share price. ;o)   Best of luck dealing with questions that have been asked and answered many times before. Lucky thing for you that you weren’t here back in July when ...more  
Comment by DAM$ on Aug 24, 2023 6:34pm
Actually Over 1.4 million shares traded in two days  Didn't want to undercut Steven's accomplishments 
Comment by StevenHunter on Aug 24, 2023 8:02pm
I've made 3.5 cents per share so far!!!! Anything I'd have been compensated with would have gone to buying more LME anyway, so this is just more efficient. Let's go everybody! -Steve
Comment by TraderRC on Aug 25, 2023 1:41pm
Hi Steven, Welcome to the Board, as others have stated, great move by Cynthia/LME in engaging your services and providing shareholders the opportunity to have some of their questions answered. I have been holding LME for a few years, reading the posts with an occasional post of my own. I have a question for you, hopefully you can provide an answer. On the PR announcing your introduction it was ...more  
Comment by StevenHunter on Aug 25, 2023 1:52pm
Hello TraderRC! All fair questions. For the length of my term, that's just to line up with some other work I'll be doing elsewhere 6 months from now.  This time I'm spending supporting LME all came from Cynthia asking for a hand and I'm happy to do so but this isn't going to be my primary occupation (though I am having fun!). The reason the USG partnership doesn't ...more  
Comment by matlas on Aug 25, 2023 2:15pm
Hi Steve-Your answer re USCG does not quite make sense. If the $250K payment is refundable if a certain event does not happen, there would have to be a time line. That is, a cut off date by which it has to happen in order to avoid refund. Without a date, the refundable aspect would make no sense.
Comment by LaurionLong on Aug 27, 2023 11:39am
A little late but congratulations on the new position Steve and welcome to the group!!
Comment by StevenHunter on Aug 27, 2023 11:55am
Thank you!
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