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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

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Post by Nuggetz on Dec 15, 2024 9:32am

Christmas

One full week left until Christmas break 
Hopefully this will be the week 
Im kinda scared to attend family Christmas this year as last year I told everyone 2024 is the year .
Comment by ogey14 on Dec 15, 2024 12:42pm
Last Christmas, we were hoping that we wouldn't have to be stuck in this stock this Christmas. And the Christmas before that. Need this over soon
Comment by GoldenBull999 on Dec 16, 2024 10:58am
everyone gets coal again..... realistically they have ~3.5 working weeks from today to get a BO announced pre AGM for a vote. Volume is dried up as of right now again...1500 shares in 1.5 hours....the people who wanted to swing this have made their money.  If they truly walk up to that AGM at the sailing club and dont have a BO they have lost their minds... the "legacy" they speak ...more  
Comment by ogey14 on Dec 16, 2024 12:06pm
At this point, they won't be able to vote for the buyout at the AGM but I feel like we might see the announcement in January 
Comment by Wmaver on Dec 16, 2024 12:12pm
Ogey14  not sure why you think that?  The rules is 21 days before.meettjng to have something announced to be apart of said meeting. So as long as they get it out before Jan 22, should be no problem to squeeze it into the agm.
Comment by TraderRC on Dec 16, 2024 1:04pm
Good day All Let me start off by saying , I am by no means an expert on Corporate Takeovers.  If they go the Plan of Arrangement route, they will have to get court approval first, and this will take a few weeks, with the holidays around the corner, not sure how long it will take.  My guess, if announced this week, should be enough time to get court approval, then can be added to the AGM ...more  
Comment by ogey14 on Dec 16, 2024 2:22pm
I'm under the impression that Plan of Arrangement process takes 50-60 days or more with court approval, etc. So it's a bit tight to have to buyout vote at AGM
Comment by iLykFloorCheese on Dec 16, 2024 3:49pm
It's closer to 300k if you include LMEFF (USA ticker). About 230kCAD and 35kUSD
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