Sometimes the right thing to do with a fire is let it burn. All that energy has to go somewhere.
It's normal for public companies to have views on two sides, that what makes a market. I would encourage everyone here to speak their view freely, but with grace. There's a lot of reasons to think a transaction here is imminent and still more to feel confident that this deal is a ways away.
I honestly don't know which one of those 2 directions is closer to correct so what I'm doing as a shareholder is anchoring in the things that I know.
When I add up all of the things I know about LME (no need to list them, you've got a handle on them all) I have no trouble saying that Laurion is doing what it said it would and developing their company. Adding critical partners is the lifeblood of junior mining. The only thing more important than key partners is finding stuff in the ground. Those 2 courses are full speed ahead and those are what matter most.
Nick's departure has ZERO impact on ongoing operations at LME. None. He's a terrific guy and a huge supporter/shareholder but to call him Laurion's accountant is not accurate. His most recent contribution to LME was to increase his share holdings from extremely huge to extremely huge plus 800k. That's universally positive.
I've mentioned this before but to be super clear I'm not here to manage, correct, police or chastise anybody. Cynthia saw a gap between the demands of exploring and operating LME and ensuring shareholders had up to date information and a comfortable forum to ask questions. She's fully interested in doing that and has been for years, but she's still limited by the number of hours in the day. As shareholders, would you rather have her typing online or in the bush looking for gold? She outsourced the relationship management to her friend (me) to give her some of her day back. Nothing more than that. Just happened to overlap with me having some time on my hands.
Focus on the information you know you have. There is a TON of it and it's all driving forward. Take a look
back a year at the partners and disclosure LME had running up to the AGM. You won't find much because there wasn't much. Today, there are more reasons for real engagement and excitement than at any time in the 7 years that I have owned shares of Laurion. Real, tangible facts.
It's a great time yo be an LME shareholder everybody. Pls
be kind to each other. Every view is valid, even if it doesn't jive with yours.
Hope that helps,
Steve