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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

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Post by Mattheu11 on Sep 23, 2024 9:21am

Level II

How we looking this fine day?
Comment by Pasta86 on Sep 23, 2024 9:38am
Luckily don't see anymore 6500 share lots on the ask anymore.   I've read a few posts speculating this could've been the Market Maker offloading their shares which could explain the manner it's being sold. Anyone else know if this is a possibility?
Comment by Golden7777 on Sep 23, 2024 11:45am
Back again.  All good, it will eventually end well for all those that remain positive!
Comment by GoldenBull999 on Sep 23, 2024 12:07pm
if only life actually worked like that lol id say theres at least a decent chance that this project runs out of money if they continue the same tactics should a transaction not occur in short order.I think they've put all their eggs into the non-traditional PE BO route and if that fails this won't see the finish line, at least not with the current team. It would require a full blown ...more  
Comment by NoRealPlan on Sep 23, 2024 3:47pm
That's been said a few times of late. But I believe LME has $9mil in the bank. that should be enough to drill for 2 years at the current pace. I could be wrong.
Comment by GoldenBull999 on Sep 23, 2024 4:06pm
Oh ya, I just mean I think it will become much more difficult for them to keep refilling the coffers in the next 12 months if nothing transpires. I would assume if no BO occurs theyll do another PP shortly and get as much out of that as they can
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