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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. > Market Maker Question
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Post by Lambosntendies on Aug 30, 2023 12:25pm

Market Maker Question

Hello Steve,

I was wondering if you could help me understand Market Makers and thir functions a litle better. I understand Market Makers are in place to provide liquidity and stability to the market but that is about the depth of my understanding of them. Lately, someone seems to be adding liquidity whenever we see moves that meet or exceed roughly 5% of the SP. Can you provide insight into why this might be?

Does Laurion or anyone directly involved with Laurion interact with Markert Makers/Brokerage houses directly? If so, in what capacity? 

Thank you!
Comment by Golden7777 on Aug 30, 2023 1:19pm
Very interested to know as well.  Keep seeing walls pop up
Comment by matlas on Aug 30, 2023 2:06pm
This may have some interest, but I think that the only "wall" we should really be concerned with is the wall that stands between us seeing a PR with a BO offer and not!
Comment by Golden7777 on Aug 30, 2023 2:08pm
I get it but worth mentioning.  
Comment by matlas on Aug 30, 2023 2:11pm
Sorry Golden7777 I did not intend to be critical.
Comment by Golden7777 on Aug 30, 2023 2:22pm
All good my friend!!  Just making sure you knew where I was coming from
Comment by Golden7777 on Aug 30, 2023 2:08pm
There is nothing wrong with asking a question.  Not being negative just curious that's all
Comment by StevenHunter on Aug 31, 2023 11:59am
Hello all! Integral will provide liquidity for sure but the mandate is more about trying to make the ride up and down a bit gentler.  In times of price change they've done a really good job of this.   This is all on relatively very low volume though.  When you see blocks and walls those are people, not the market maker.  Think more about the bids and/or asks at 500 ...more  
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