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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. > "friend who knows someone"
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Post by newbie8484 on May 07, 2024 11:50am

"friend who knows someone"

Curious if anyone else’s "friend, or inside connection" has heard "something is in the works".  My "contact" said he heard some rumblings, but I have heard this multiple times.  Wondering if it is just the same narrative being thrown around.  I am sure it is...
Comment by Twiggie on May 07, 2024 12:08pm
Just when things look bleak its: any day now or big news coming. 
Comment by GoldenBull999 on May 07, 2024 12:09pm
doesn't matter anyways until this is sold.... its clear there is no confidence from outsiders to buy in as this has pumped and dumped several times on rumors the last couple of years...no one wants to get caught buying on the way up to lose 40%.  Not even Cynthia exercising her options moved the needle. They should realize that the longer this takes, the less faith everyone has in the ...more  
Comment by Planthouse on May 07, 2024 1:53pm
I've heard rumours from those who know folks in the innermost circle. Something in the works, somewhere between 25x and 50x bagger. Complicated deal, will take some time to go through legal proceedings. Potentially end of 2024, but things can change.  Take this how you will. The folks I know have never talked about actual deals until recently. Even when things were going really well ...more  
Comment by GoGoWings on May 07, 2024 2:59pm
Get dis way out yo heads.  25-50x............   set yoself up fo pain. $2 top end an be happy bout it $50k property sell fo $500m
Comment by Twiggie on May 07, 2024 3:23pm
I cant get it outta ma head now dat itz ben sed. 25x baby!!!!
Comment by Golden7777 on May 07, 2024 3:25pm
Don't even bother trying to reason with that one.  GoGowings needs a GoGo Helmet
Comment by Soldsign on May 07, 2024 3:30pm
Sorry GoGoWings.... $12 was turned down. 
Comment by HectorgoldAU on May 07, 2024 3:36pm
Who said $12 was turned down? I heard buyout of 10usd. gogo. U keep screaming $2 and how its a good return on the land ... wtf give a real answer. How do u come to the idea of $2? Prove why were only $2. Bet you cant.
Comment by HectorgoldAU on May 07, 2024 3:39pm
Lambo dam ahsineeg what u guys currently think buyout price will be?
Comment by GoldenBull999 on May 07, 2024 5:39pm
these rumors are crazy, if someone knew the BO was going to be ~ $10 usd why the heck wouldn't the sp be at ATH. Fantasy land thinking the sp will remain .40-.50 and then just randomly pop to $13-14 cad. 
Comment by ahsineeg on May 07, 2024 6:19pm
This has happened before. Remember 1970-74 and 1999-2008? Excactly what you say can't happen, HAS happened. We are in a new gold super cycle. 
Comment by GoldenBull999 on May 07, 2024 7:43pm
I definitely don't doubt we can achieve $10 usd. I was more pointing to the fact that given the huge insider holding here it may seem more likely that an imminent large bo would spread more quickly than in the opposite scenario. If people caught wind of something you would think sp would increase quite rapidly like we've seen previously.  But who knows...just my own opinion. 
Comment by GoldBelt on May 07, 2024 8:31pm
So many people on here seem to "know someone in the inner circle " ...and have bought in with "info".  Yesterday I was  told they want to wrap this deal up soon to avoid the impending capital gains tax hike.  But we all figured this is a possibility since the tax announcement.  The price per share?? That's where it ranges from $10 to the $30 Matlas ...more  
Comment by HectorgoldAU on May 08, 2024 11:01am
So many people with someone they know in the inner circle...but so much wrong or different informatiion. Seems like everyones being lied to.  maybe time to start naming names to get some stories straight. Whats the worst they can do? Stop giving you wrong info? 
Comment by HectorgoldAU on May 08, 2024 11:02am
Ferkin ridiculous how many people on here just ignore questions too. 
Comment by GoGoWings on May 08, 2024 11:13am
4,000,000 GEO 250 per  1,000,000,000 value 50% risk premium  500,000,000 price 250,000,000 shares $2 / share    
Comment by GoldBelt on May 08, 2024 11:43am
Where do you come up with this" 50% risk premium!?” Any bidder would have come up with an offer based off the data room information verified by their OWN team.  The going rate for deals recently is $300/oz of gold.  Now if you mean 50% off because the deposits reserves are not measured and indicated but rather infrerred...that's a possibility due to lower confidence.   ...more  
Comment by GoldenBull999 on May 08, 2024 12:18pm
All well and good to speculate, but I'm fairly certain Cynthia would rather trudge through the mud for another 5 years before selling for $2 lol 
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