Laurion Mineral Exploration Inc V.LME

Options exercised

[DouglasGVass]

550,000 Common Shares of Laurion, dated September 25, 2024 have been exercised by the LAURION CEO. This was the exercise of Cynthia Le Sueur-Aquin’s stock options. As promised in an earlier press release, Cynthia undertook to exercise the balance of her stock options as a demonstration of her continued belief in the corporation and working towards the corporate objective of a disposition. This stock option exercise will be posted on SEDI on the next couple of days

[TraderRC]

Hi Doug, While not the "material change" we were looking for, still great news. Cynthia did not have to exercise, but is clearly sending a msg. Thanks for the early heads up, as opposed to having read on sedi. We continue to wait for the BIG announcement. TraderRC

[GoldenBull999]

is this an additional 550,000 shares on top of the 400,000 she exercised in June?  We're not talking about huge $ here with her options being .15.-.20  at least this is a posturing from the companies leader wether this transacts or not I think its more fluff to inflate the price going into the AGM so they dont look so bad as per usual, would love to be proven wrong

[ogey14]

I thought she only exercised 200,000 shares in June

[Simplelife]

This is a non event. Tell me when there is real news

[newbie8484]

No kidding...that's only like $85,000 that's nothing. It has probably been Roger selling off shares to free up cash to give to cynthia to buy back at a lower SP. 

[Wmaver]

She didn't exercise any on June.  She just said she WOULD exercise some options sometime.  Sep 25 was that sometime.

[GoldenBull999]

https://www.barchart.com/stocks/quotes/LME.VN/insider-trades   nah you can see she exercised 200k in her own name and in Aquin-Terra in June...so this would be separate. 

[ogey14]

To me, this means a buyout is not close. She's sending a message to hang on for a bit longer.

[Anthony13]

I agree ... rinse wash repeat.   There is so much speculation....when the buyout will happen as well as    mixed signals.   Will just be interesting what they talk about the AGM that will be different from last year.... highly likely back to the low .30 my humble opinion. 

[GoldenBull999]

in the even of a BO options would automatically exercise anyways so this is definitely just posturing ahead of the AGM + the extra million shares she's picked up this year give her more of a grip on the voting to protect her neck in the event that people get largely fed up and want change. 

[Smitty64]

I am seeing a lot of polarizing options on Cynthia exercising her options yesterday. Can some of the forum leaders (DAM$, Lambo, GoldenI, Ahsineeg, GoldBelt – no disrespect to the others), chime in with the Pros Vs. Cons here and their intuitions?

[TraderRC]

Hi Smitty, Although I am not one of the leaders on the board, and no offence taken to your comment, I will offer my view. I don't really understand the polarizing comments on this board regarding Cynthia exercising her options.   She put $67k of her money into exercising her shares and she is putting in another $125k to exercise this next batch.  That's almost $200k of

[Neil68]

Thank you Trader RC, thIs needs to be repeated: She put $67k of her money into exercising her shares and she is putting in another $125k to exercise this next batch.  That's almost $200k of her money she is putting into the pot.  Remember, she does not have to, she can just wait for the BO and then have her shares exercised.  She could be investing in  other areas making