Laurion Mineral Exploration Inc. V.LME

Headaches

[Simplelife]

Many companies are acquired with big $$ without publicly announcing they are for sale. There is no need as everyone knows everyone. They know where the good companies mines are etc. kind of like seeing a good looking woman everyone knows .seems to me Cynthia could have saved the headaches by running the company like most other companies do. She wouldn't have angry frustrated shareholders . The only possible advantage if she wasnt publicly saying we are for sale is maybe less f&f ownership and therefore less control. I don't believe actively being for sale helps gain a significant higher takeover  price. Any thoughts?

[fatlas]

I for one was told by Cynthia that the plan was to sell the company in its entirety for cash - and I always thought and still think that she told me that because that was her plan. I would expect any company leader to tell its shareholders what they want to do. Sometime early on in the process for me ($0.10-0.20/share) they reworked their board with the specific and stated intention of accessing

[GoldenBull999]

that other "offer" was a complete falacy and they got worked over. It wasn't even real. probably why they onboarded USCG way way early this time to make sure they didn't get taken advantage of. 

[Lambosntendies]

"that other "offer" was a complete falacy and they got worked over. It wasn't even real." Would love  to see some some screenshots or real proof to back this statement up. Thanks in advance! 

[littledude28]

Lambo I always appreciate your posts and am not trying to defend golden in anyway but do you have any screenshots or real proof of an existing deal?

[Wmaver]

Well there is the FAQ that LME released stating that fact...  there is the PR dude Steve who also confimred that there was a previous offer... i don't want to go back and screen shot those you can look back last year and find it if you want!

[Lambosntendies]

An existing deal? No, a past potential offer/interest though, yes there is proof to a small degree. The faq sheet in laurions website states on page 3 "Interest directed at LME's board of directors previously has been at a premium to the current average market share price (as of August 1, 2023) After rereading my comment I think it came off more snarky than I intended. I have had a