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!