Laurion Mineral Exploration Inc. V.LME

Ahsineeg

[Not2smart]

Thank you Ahsineeg for all the information you have supplied.   It was asked earlier. With your research and knowledge.    What would you believe the BO price to be.

[Golddust89]

This post has been removed in accordance with Community Policy

[ahsineeg]

Possible buyout price? Short answer is I have no idea and the only people that do are people/companies that have access to the LME data room.However, we can take a look at the variables/factors that would influence value of LME. How much gold is in the ground?  Laurion has previously stated it's goal is to show the Ishkoday contains 10 million Gold Equivalent Ounces (GEOs).  

[Lambosntendies]

Its true that we can't truly know the value of LME due to restricted access to the data room but i cant help but think we can make some good inferences on price. This might not be news to alot of you but maybe a good summary of price predictions for the newbies. I will start with the lowest (lite-kool-aid nubmers) and work my way up to the *Hard* Kool-aid numbers. In March 2020 Cynthia

[Thebluestroy]

my guess is somewhere between $2 and $20

[ahsineeg]

Lambo - I was doing some digging around and found the old LME fact sheet Cynthia shared 5 years ago on her LinkedIN....seems to go into some detail about how many GEOs they think they have and why. Seems to validate your numbers / calculations. Page 1: [url=https://www.linkedin.com/feed/update/urn:li:activity:6479065376738074624/]https://www.linkedin.com/feed/update/urn:li:activity

[ahsineeg]

Links didn't work properly:  Page 1: https://www.linkedin.com/feed/update/urn:li:activity:6479065376738074624/ Page 2: https://www.linkedin.com/feed/update/urn:li:activity:6479065540068458496/

[TraderRC]

Interesting to note, and most people should already be aware, as seen on the link the potential for 10m GEO's was based on 3 km2 ( 3km x 1km).  On the website currently , they state a strike zone of 15 km2 (6km x 2.5km). What gets exciting is when  talk of 10m Geo it was over 3km2,   how many GEO's will there be over a strike zone 5 times bigger. They are keeping this

[Lambosntendies]

Haha I'm glad I'm not the only one who thinks about this... this keeps me up up at night.