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
Randz2000 on Oct 21, 2023 2:13pm
...and what was the overall float before the BO for these companies?