Laurion Mineral Exploration Inc V.LME

The Stars are aligning!

[DouglasGVass]

Please take the time to listen to Michael Gentile as he describes the significant timing of M&A in the junior mining sector.  LIsten to the first 9 minutes of this interview where Michael reveals that Gold Fields paid cash for Osisko Mining to fend off the competitors.  This is the phase of the Gold cycle we have all been patiently waiting for.  He mentions how you can own most junior miners today at $5-10 per ounce.  LME cound't be in a better position to capitalize.  Enjoy the interview!

https://www.youtube.com/watch?v=Pqmo3xT0VHI

[DouglasGVass]

"LME couldn't be in a better position to capitalize"

[Stepinup]

So, I'm just thinking out loud..... using this valuation from Michael Gentile,    Current jr valuation using LME example; Low end- 10m geo x $5/oz / 627.27 = $0.19 High end- 15m geo x $10/oz / 626.27 =$0.56 Current Share price $0.19-$0.56   B/0 valuation  Using Osisko example; Low end-10m geo x $450/oz / 267.27m = $16.79 High end- 15m geo x $500/oz / 267

[GoldenBull999]

Seems in tune with most guesses. Im sure most people who are on here daily would end up pretty wealthy even if this exchanged hands at $5+...anytthing more that that for me personally would be peachy.     My personal guess is more like 6-8m GEOS @ $300USD per OZ ~$6.75 - $8.97 USD 

[Primpage]

Remember to add the exchange rate....usd to cad. 

[Beaker1965]

Don't forget to half the bo price as that's how deals are done, according to one of the forum guys lol!!!!

[Pasta86]

Interestingly, your predictions align well with Lambos breakdown of the property of merit for the Average BO price to the Ceiling price which was $17.63 and $29.86. Using his post from June. Pasta

[KaBams]

I am not negating anything he guy said in interviews. He was obviously knowledgeable from my lay person point of view. But let's not forgot he was promoting his stocks in his sector. you could not  fault someone for seeing that as 100% sales pitch. This guy would be promoting the sector and those stocks no matter the environment out there. That is what he is paid to do.

[Smitty64]

Has Osisko Mining published a Management Information Circular so we can determine who the other bidders/competitors were??