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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 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... see more

TSXV:LME - Post Discussion

Laurion Mineral Exploration Inc > Previous Junior Gold mining junior beneficiaries
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Post by mithril56 on Oct 20, 2023 11:45am

Previous Junior Gold mining junior beneficiaries

The 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!
Comment by ahsineeg on Oct 20, 2023 12:48pm
I wouldn't say we are entering similar times. We are in it NOW.  Gold just hit RECORD prices in:  - British Pounds - Euro -Australian Dollar -Chinese Yuan -Japanese Yen - Korean Won   Next up is the US Dollar
Comment by Neil68 on Oct 20, 2023 9:51pm
mithril56, I googled the companies you listed but was unable to find much information. Could you please post a link?
Comment by mithril56 on Oct 21, 2023 7:29am
Hi Neil68 - Finding historical stock data can be tricky, here is the article I found that had a good summary. https://munknee.com/interested-gold-stocks-article-must-read/ www.24hgold.com/english/news-gold-silver-what-10-baggers-and-100-baggers-look-like.aspx?article=5288603220H11690&redirect=false&contributor=Jeff+Clark&anchor=com
Comment by Neil68 on Oct 21, 2023 11:59am
Thanks mithril, that is helpful. It is a shame so much historical data, share price charts etc. seem to disappear once a company is taken over. 
Comment by KaBams on Oct 21, 2023 1:45pm
Ahhh sorry but devil's advocate here a bit. These great return would have more meaning if we could see the companies PR during these time. Like a jr company could trade at 10 cents then puts out a drilling result PR saying found massive amount of gold... sure stock explodes. When LME put out there 3/4 years ago it di go form 1 cent to 20 then to 40. This is a 3000%  area increase ...more  
Comment by Randz2000 on Oct 21, 2023 2:13pm
...and what was the overall float before the BO for these companies?
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