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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based junior mineral exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resource properties. The Company is focused primarily on its wholly owned 47 square kilometers (km2) flagship brownfield, Ishkoday Gold, located 220km North-East of Thunder Bay, Ontario, Canada. The Company’s Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships, located 25 km northeast of the Town of Beardmore, Ontario, and 220 km northeast of Thunder Bay, Ontario. The Company holds Twin Falls property, which is contiguous and lies west of the Ishkoday Project. The Company also holds a 100% interest in Jubilee-Elmhirst, and Beaurox. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Post by mithril56on Oct 20, 2023 11:45am
409 Views
Post# 35693099

Previous Junior Gold mining junior beneficiaries

Previous Junior Gold mining junior beneficiariesThe following are bits of data I researched to understand the previous Junior Gold mining cycle beneficiaries.

Are PAST Investment returns (ROI) indicative of FUTURE Investment returns?

-1980 Gold Super Cycle: 2,313.7% average R.O.I. (based on 18 gold juniors)
-1996 Gold Super Cycle: 3,873.0% average R.O.I. (based on 11 gold juniors)
-2010/2011 Gold Super Cycle: 2,677.0% average R.O.I. (based on 52 gold juniors)
-2010/2011 Gold Super Cycle: generated 118 significant junior investment transactions by seniors (as Strategic Investments, Joint Venture Agreements, and outright Acquistitions).

ps. The aforementioned Return-On-Investment (ROI) are averages only.  Some of the ROI were unbelievable.

For example, in the 1996 super cycle: Cartaway Gold was trading at $0.10 and was acquired 26 months later at a share price of $26.14 a 26,040% ROI.

Also in the same period, Arequipa Resources was trading at $0.60 was acquired some 19 months later for a share price of $34.75 a 5,691.7% ROI.

In the 1980 super cycle: Copper Lake was trading at $0.08 and was acquired 30 months later fo $10.50 per share, a 13,025% ROI.

In the 2010, 2011 super cycle: what stood out in my research was that some 118 Juniors were involved in a major transaction with a senior Gold producer during this period (as Strategic Investments, Joint Venture Agreements, and outright Acquisitions).

We are entering similar times.  

Interesting times for LAURION!

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