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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. > Monday Morning Question
View:
Post by TraderRC on Sep 30, 2024 10:04am

Monday Morning Question

Good Morning All,
Finished reviewing the Monday morning Press Release.  One day, it will actually be the Buy Out PR we are all waiting for.  

I have been thinking about the recent posts on the potential for the Ishkoday,  comments on the Lalonde Curve, that gold is spread all around, that we need one sq km for an open pit mine to be economical etc... 

With today's PR and no surprise, they will be drilling in the Sturgeon River Mine Corridor, it makes me think about Twin Falls, and why did LME take over the claims for this property?  They obviously won't be drilling any time soon, but strategically it has some value.  
My question is, is it possible that LME can be working on two seperate deals, divide the property, let some else explore the other areas and get "top dollar" (whatever that may be) for the area around Sturgeon. 
For posters with more of a mining background, please give us your thoughts on if this  would make any sense?

For some reason, this deal is taking a while to get done, could it be that Cynthia is being too aggressive in her demands, or are they trying to get creative to get a deal done.  I am thinking,  this is not a straight forward deal, and something has to get ironed out, wondering if splitting the property may be the hold up. 

As it is Monday morning,  let all the crazy posts/theories begin.
TraderRC
Comment by GoldenBull999 on Sep 30, 2024 11:16am
One day. We take the "playing 18 holes with a putter" route and eventually itll shift. No one wants these types of programs any longer. Sell it to someone who will ramp this up or raise capital to do it yourselves asap. If another PP comes down the line and we continue small drill programs you know this wont shift hands for a while. Hoping USCG can bring someone/PE group to the table to ...more  
Comment by Anthony13 on Sep 30, 2024 12:09pm
Couldn't agree with you more.  Next PR will be AGM date.  The thing with this company is everytime you think things are lining up your wrong and back at wait and see.  
Comment by LMETOTHEMOON on Sep 30, 2024 4:01pm
What is that date? 
Comment by Toddsquad on Sep 30, 2024 5:36pm
...AGM Timing not announced yet... likely December; before Xmas.... 
Comment by Wmaver on Sep 30, 2024 6:00pm
We should know by the end of the week if the AGM will be this year or in Jan
Comment by Primpage on Sep 30, 2024 6:34pm
We already know it has to happen on or before dec 31, in the 2024 calendar year. I suspect it would be before Christmas though.
Comment by Wmaver on Sep 30, 2024 10:14pm
The latest info from LME is before Feb 15th so it doesn't have to be in 2024.  Apparently the venture stocks have more wiggle room.
Comment by Primpage on Sep 30, 2024 10:29pm
Doug just admitted his error and said it has to happen this year. 
Comment by cbrock75 on Sep 30, 2024 11:38pm
Honestly.....  Who cares about an AGM?  Only news us investors should care about is a buyout that we were told was to happen years ago.  The analytics by the folks on this forum is laughable.  GoldenL what say you? 
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