Laurion Mineral Exploration Inc. V.LME

USCG

[Jimo82]

Investment Bankers don't get paid until they secure the funds for the seller. If they didn't have faith in this deal they would have walked away. $250,000 is nothing to them, they want their commission on the sell side fee's which will be in the millions.

[keen2know]

There's also no benefit to them walking away. LME want them there so it looks like something is happening.  smoke and mirrors 

[GoldenBull999]

the sentiment will continue to get worse and worse and worse at this point, the ONLY thing they can do is sell it. price dropping heading into year end is strange considering there should be an uptick if there was something concrete happening, usually a leak of some kind will occur....TICK TOCK TICK TOCK TICK TOCK

[Username2]

So USCG is just kinda hanging around even though you seem to think they know nothing is going to come of this. Just wasting time and resources. That makes sense, I think you are right. 

[Wmaver]

USCG is like most of us on this ship..... they have invested over a year in and if they walk away they get nothing.  the 250,000$ is refundable. so they like us.... are like well it sucks if we walk away, sucks if we stay.... might as well stay and hope it doesn't suck one day!

[Username2]

True enough! But what does GOGO think?!??..?

[Twiggie]

I do find it strange that some of these characters come on for a short time, stir the pot, and then arent heard from again. PDPTAU and GOGO....im talking to you! What is your take?

[ogey14]

Ain't no way you're asking "pdptau" for his take lol

[Jimo82]

They would have cut there losses and moved on to more lucrative projects. They are most likely still raising funds. Investment Bankers don't have the luxury of sitting around and waiting like shareholders. They have to close deals to get paid. 

[JrGoldMan]

this is not how ibanks operate      if a deal is dying they run away        

[Lambosntendies]

The deal is not dying or dead. Be greedy when others are fearful... people sure seem fearful so thanks for the cheap shares today :)  maybe people are selling because of tax loss harvesting as someone else mentioned, maybe it's because they cannot see a deal being announced this year... whatever the reason might be I'm happy to buy more and could not imagine selling right now. There&

[Sailingsunset]

Anyone selling will regret their poor choice very soon.

[BidingTime]

Why do you say so Sailingsunset? Everyone has there reasons for buying in or selling at a given time...

[Sheerms]

Imagine if SailingSunset is Roger ready to sail his new boat into the sunset. lol

[Primpage]

I hope Sailingsunset knows something we don't! However, if it's Roger, we can probably expect the agm as nothing Roger has said in the last few years has actually come to fruition. He's nothing but a pumper! So I hope it isn't him. 

[GoldenBull999]

Could be him, I was preemptively blocked by whoever it is....I know I give Cynthia a hard time so maybe he doesn't want to see that lol 

[JrGoldMan]

no chance roger would post on a forum at this stage in the process       this is down to brass tacks and the lme circle is appropriately closed at this crucial step    go read the post by fatlas again     he is right across the board       separate the agm from the transaction      the meeting is required but if it gets scheduled or

[GoldenBull999]

52 week low in time for Christmas coming right up! slip n slidessssssssssss

[fatlas]

GB99 - you do understand that in this situation - with a thinly trade stock like LME - with new potential investors looking for info anywhere they can find it - including completely unmoderated, anyone can post regardless of education, expertise and intent forums like this - your pointlessly negative posts are contributing to the slide - right?! The other thing that is going on - and it goes on

[TraderRC]

Good morning All. Very well stated Fatlas. To put some numbers in context, the average daily volume traded represents less than .03 of 1 percent of the outstanding shares.  At this point price doesn't matter unless you are looking to add more, or you have to/want to get rid of your shares. Everytime the price goes down, my Wife asks what's going on  with LME.  My answer is

[Lambosntendies]

good morning Fatlas, I want to start off by saying I agree 100% with what you're saying however I would like to note an alternative perspective. Personally I want the share price as low as possible because for me this is buyout or bust and as nice as it is to see a share price at 50 cents or $1 I am buying every two weeks. When I make those buys I am much happier to get 2.5 shares for a dollar

[ogey14]

GB99, it's already been established that SP doesn't matter. Everyone's allowed to say what they want but in simple terms, fatlas is basically telling you to shut up

[BidingTime]

It also seems like the preoccupation with an AGM - if it will happen, when it will happen, can it be delayed or cancelled, etc is also a distraction. What matters is the investment banking process and as Sailingsunset and Fatlas note, all signs point to LME being deep into a transaction process that will benefit all shareholders