Laurion Mineral Exploration Inc. V.LME

Gogo wings - Two bucks

[CharlieBaba13]

Hey gogo wings, 

you keep saying $2 buyout which seems reasonable to me based on current sp.  if LME dropped a PR tomorrow and announced a deal at $2.00 buyout.  

would that $2.00 be usd or can? 

I feel like I've seen articles on here that give examples of cdn junior's being bought out and I feel like the deals are always referenced in American dollars  ...yet the company is traded on the Canadian market.   I'm probably confused  

LMe long, hoping for a Matlas 30, ...but a gogo 2 is still a win.  ...especially in usd

[GoGoWings]

Deal aint gonna be priced like the guesses here based on $$$$$$/ounce, GEOS and sh*t real dealz are a multiple of share price eg - 4x SP = $1.80 CDN USD aint a factor

[Twiggie]

It kind of is a factor. $1.80 CAN x amount of shares I own or $1.80 USD x amount of shares I own makes a big difference due to the exchage rate.  With todays exchange rate for example, $1.80 USD is $2.45 CAN. I like that better.... No one seems to know this answer CharlieBaba. Lets hope its a USD deal. Especially if the sell price is going to be that low.  Its crazy to me that there

[BidingTime]

What hype are you seeing? It's entirely possible that the SH and Reddit post activity is shared among a group of ~15-20 shareholders who've been hoping and waiting for a long time now. But beyond this group is there any real awareness or hype? I'm not sure that any interest in LME goes beyond a small group of F&F. Do you see otherwise?

[GoldenBull999]

There is 0 hype. 0 awareness and they are quite happy to keep it that way.  Same approach has been taken with all the drilling too. Small drill programs slowly over way too many years, trodding through the mud prospecting year after year after year. No one in the public knows about this opportunity and never will. And no one who owns a lot of this already is buying anymore (enough to increase

[HectorgoldAU]

I sure dont see otherwise. Lots of other juniors doing well n doublin or even tripling over the last few months... this thing sits like a stick in the mud.... optimal shqreholder value.. shoulda bought ANYTHING else n woulda made money.. even meme stocks got another tear. 

[GoldenBull999]

the problem with drama ridden, high insider stocks. There are definitely unhappy insiders and I don't foresee this going well beyond July for management..A couple of decades unchallenged, timeline for m&a stated in 2018 as 3-5 years...were passed that now.... directors offloading shares.....no shareholder value......dilution.....small drill programs......I could compile a list of 100

[Twiggie]

With all this $2 talk, I think a buyer would be getting this complany for a steal. I dont understand why Cynthia and team doesnt publicly promote and hype up this property. Drive the stock price up and make a buyer pay more then $2!!!!! There seems to be so much more value in the company then $2.  I very much agree that this is not optimal shareholder value.  Agreed--We need a bit more

[TraderRC]

Good day All.   Folks, this is are getting a little crazy with the comments here.   Who better to be running this company than someone who has a lot of skin in the game.  Really, a Management change at this stage of the game? Sure bring in new management, pay them big bucks and they keep taking their salary until the bank account runs dry, then make a great deal. Or

[GoldenBull999]

100% dont disagree with the positives on paper, but they lead to precisely 0 from a public share price perspective and reality. You would think the SP would be indicative of all of these great positives you mention.  Im more concerned with the EMOTIONAL attachment Cynthia and management may have to the property which could derail negotiations. People tend to value things well above what is

[keen2know]

To clarify, I'm long. Haven't sold a share and won't. But there are some questions I have.  where has Steve gone? Would it have been in the agreement that he can't post after leaving his PR role? Considering he's very knowledgable and a shareholder, I find it a bit strange he doesn't pop up on here at all?  after Matlas spoke with Roger, he had a meltdown. He

[DouglasGVass]

TraderRC You have made so many great points in your post. What everyone needs to realize is that you have a "choice."  You can decide to buy or sell shares in LME or any other publicly traded stock. That is the beauty of investing in the stock market. Over 3 million LME shares have traded over the last two weeks so there has been more than enough liquitity to sell shares if you

[HectorgoldAU]

Woah woah woah ... lets hold our horses here. Some of this is good some of it is bs.    "My point is that in the last 4-7 years LME has been one of the top performing juniors in the gold sector."  wrong. 4-7 years ago lme WAS one of the top preforming juniors... since then it has been up and down yes but the majority of people here are down... the last three year

[HectorgoldAU]

- sent from my ipad.

[ahsineeg]

Hector - I appreciate this post jajaja  

[DouglasGVass]

I stand corrected. What I meant to say was the stock has traded up and down for the last 3 years but if you had bought shares 4+ years ago LME is a top performing junior. MOST junior miners in the last 3 years have dropped in value over 50-70%. How do I know this? I hold shares in over 40 junior miners and have watched their performance for the last 5 years. All I can tell you is I'm glad I

[GoldenBull999]

I think there is also additional pressure due to the very nature of our once great nation. This country and every citizen are being decimated financially already and it adds fuel to the fire...and tbh I think it's going to get much worse before it gets better.   I know we all need to put in what we can afford to lose but when rumours swirl, friends of friends, all that nonsense you get

[JoJoHairBlo]

Personally, I think the timing is perfect. (that is if a deal is reasonably close) 2 years ago, gold was around $1750-1800.  Would you have rather had LME make the deal back then?  What about only 4 months ago, when it was hovering around $2k?  What would you think if she made the deal around Christmas 2023 and then you saw gold go up 20%?  I realize that they're trying to

[GoldenBull999]

Oh I agree that the timing right now is perfect (and another driver of people getting frustrated).  Personally I would have taken a 3-4x deal 6-8 months ago vs waiting 2 years for a 5-10x.  I'm not married to this company, it's merely a path to accumulate more wealth and further diversify the portfolio with other investments.   Could have made 25% on Ethereum yesterday alone

[DAM$]

In your investing resume how many times have you happily taken 3-4x deal and invested that profit to beat a 5-10 X likely win? 6-8 months ago we were right about where we are now so 3-4 x .50 =$1.5-2 x 10000 = 15-20k Reinvested in something and made 25% = 18-25K  If it sells in the year or two at 5-10 (Very low number) you see 2.3-4.55 x 10000 = 23-45500 IF you turn 25%, you loose

[GoGoWings]

I see dis as risk management     Lotsa pros been through tha data room right?   Those same pros assess tha value right?   The SP is where it is cause its the right value    can't run to $2 SP if thats where the deal is gonna pop so dont promote it cause it may run above da deal price  tha quiet is strategic mo sure now bout the strike price than

[Cnb567]

GoGo, No one on this forum takes your "calculations and assessments" as anything worthwhile and you have no idea what you're talking about. Your grammar and English speaks to your ability to think critically about prices and your math is mental. 

[CharlieBaba13]

I agree with his assessments.  ...well I'm least open to them.     A - it's a more practical buyout price, compared to the current share price.  I'd like the Matlas $40 like everyone else, but.... B - it's in line with rumours that I'm hearing.  That being said, my source is the same guy who told my buddy a deal was done back in 2022.   Back

[Cnb567]

But it's not a practical buyout price. He based his numbers from the 43-101 which only values gold in the initial iskoday core zone. The does not value the other precious metals and doesn't value any of the expanded zones. Then he cut the price in half "because that's how deals work" . 5 dollars is a more realistic buyout price if you don't "cut the price in half

[Beaker1965]

Sorry but my google translate is struggling to identify the language this is written in Dis, da and mo ;)

[keen2know]

You're right. There are only a handful of people who post on here.  I was shot down a few months back when I questioned why Cynthia didn't feel the need to attend the conference. The only reason that would have been acceptable is if a deal was about to be announced. That hasn't happened.. I also have pointed out previously that Cynthia having skin in the game isn't

[DAM$]

Seriously back to counting Cynthia's money. She is way under paid as the CEO of a publicly traded corporation. Especially for CEO with that many shares of the company who actually works the land in the -45 temps and black fly into mosquito season in the woods and marshes of northern Ontario. Obviously she could be off living a great life but thankfully she isn't sitting back but is still

[HectorgoldAU]

Seriously your still posting the same linked in engagement from 2018? What about a current one? Theres no proof anyone from there is engaging with her posts currently.. actually from the likes on her posts its alot of folks from africa or the same people who have been liking her posts.... ill save someone from looking none of these people work for barrick or other companies who would be even close

[keen2know]

I think I would be happier not seeing that screenshot. 

[HectorgoldAU]

Yup its just a reminder that lme had a shot..  lmes prime was back then 4-7 yesrs ago. Weve been in the swamp for years now and itll take a major change to get us out. These amateur drill programs arent getting us anywhere.  we need change. Management is asleep at the wheel.  we cant pride ourselves on a small tehcnical report with a small portion data... anyone ever ask why

[Twiggie]

Totally agreed Hector. Almost feels like a scam sometimes. HOWEVER, there is gold in the ground and thats been proven. I want the answers to alot of your questions as well. I hope Cynthia is somewhere with a pen in her hand signing a deal and shaking hands and kissing babies. 

[Cnb567]

This post is a joke. Their prime was not 7 years ago lol. They were barely getting started 7 years ago.  You literally can sell all your stocks and be done with it. That's the beauty of publicily traded companies... Or did you buy in at 1.20 and you're just sour you can't cash out at the moment? I'm almost positive that's the position all of these negative Nancys are in

[DAM$]

Gogo are you the same person who is battling with The Taxexpert under the Cantaloupe alias on Reddit Or do you just copy his posts and repost them here?

[GoGoWings]

i enjoy a laugh on reddit  aint never posted  

[DAM$]

So you just copied and pasted Cantaloupe's (Let's call him Melon head). MelonHead's absolutely stupid post with the theory that they just "cut it in half because that's how deals work". At least do some investigating of the person you are plagiarizing. Melonhead posted, the Jan 2024 mineralized extension NR,15 times on every reddit forum he could trumpeting how great it

[fatlas]

Hey everyone - a simple internet search will show you that our old friend Steve Hunter is now employed as a Branch Manager at Richardson Wealth - a CIRO registrant. We won't be hearing from him again on here or any kind of stock discussion board as long as that remains his employment status. Doug is doing a great job reinforcing what we need to know and telling us what little he can.