Laurion Mineral Exploration Inc. V.LME

Private placement

[Bracko]

Wow they close this private placement fast
is this normal ?
We're they working behind the scenes on this one 
to get this private placement in place and close it early while the wall of 900000 shares was up ,so they can have it for .46 cents?

[newbie8484]

What’s also different this year is who they used to fund and close it.  Mine equities, which is a financing lender to junior miners historically?  In the past it appears to have always been the same investor who I thought had ties to the family or a board member is some capacity?  I could be wrong on this.

[Smitty64]

Mine equities was mentioned in a previous one: https://www.laurion.ca/_resources/news/2023/Nov6.pdf I do however agree that this PP was completed in 1 day. I checked the last 3 and the average is 5 days...

[JoJoHairBlo]

Did you notice that on that one, they rec'd $62,500 is cask and 111k shares.  This time it was cash only.

[GoldenBull999]

the fact that there's even a finders fee for the same stuff over and over again is comical too... $100k+ for probably absolutely 0 work...from looking on linkedin Mine Equities is just a personal business for Colinda Parent out of Toronto with no business website or other information. I can assume this is more "helping out people they know" 

[TraderRC]

Good day all, GoldenBull, she is getting paid for her experience and her connections.  If Cynthia could have just picked up the phone to get the PP done, I am sure she would have. I am sure you have all heard/read the following in some form or other in the past, good read and this sums up things.   A giant ship engine failed. The ship’s owners tried one expert after

[Golden7777]

Still a wall at .40.  Not as big but still be held down.

[GoldenBull999]

been a wall at .40 for almost the entire year

[Golden7777]

I can see how some folks would see that as suspicious.  

[Neil68]

The "wall" you are referencing is only 5400 shares. Not a wall, just a normal "ask".

[Golden7777]

I currently see 27k. That's the only reason why I mentioned it.  Not bothering me but can see how it could drive some people crazy.  Just an observation 

[BidingTime]

Indeed... More a curb than a wall 

[TheWrench55]

I guess whoever had nearly a million shares up for sale just changed their mind.  Nothing suspicious here.

[DAM$]

It was closed on the 22nd and announced today exactly as they said it would be in the original news release. It was handled by the same person that did the last one.