Gold Juniors in previous bull runs Just have a look at what the gold juniors did in the late 70's when gold soared to $850 early in 1980.
https://www.bullionvault.com/gold-news/junior-gold-031020142
If you had bought a reasonably diversified portfolio of top-performing
gold mining juniorsprior to 1979, your initial investment could have grown 23 times in just two years. If you had managed to grab 80% of that move, your gains would still have been over 1,850%.
This means a junior priced at $0.50 today that captured the average gain from this boom would sell for $12 at the top, or $9.75 at 80%. If you own ten juniors, imagine just one of them matching Copper Lake's better than 100-bagger performance.
Here's what returns of this magnitude could mean to you. Let's say your portfolio includes $10,000 in gold juniors that yield spectacular gains such as the above. If the next boom cycle matches the 1979-1980 pattern, your portfolio could be worth $241,370 at its peak...or about $195,000 if you exit at 80% of the top prices.
And below was another bull run in the mid 90's.
Many analysts refer to the 1970s bull market as the granddaddy of them all – and to a certain extent it was – but you'll notice that the average return of these stocks during the late '90s bull exceeds what the juniors did in the 1979-1980 boom.
This is akin to that $0.50 junior stock today reaching $19.86...or $16, if you snag 80% of the move. A $10,000 portfolio with similar returns would grow to over $397,000 (or over $319,000 on 80%).