PINL:VLTAF - Post by User
Post by
stayhumble1on Jun 28, 2010 6:42pm
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Post# 17228805
Life Cycle of a Junior Explorer
Life Cycle of a Junior Explorerhttps://www.ibtimes.com/articles/20100628/gold-miners-gold-explorers-declining-gold-production.htm
The rare micro-cap company that discovers a meaningful gold deposit is immediately in the sights of the cash-rich gold mining companies in need of new reserves. More importantly, anyone owning these junior companies, a few of whom are mentioned later, stands to make a substantial profit.
An interesting article with a graph showing the life-cycle of a junior explorer in terms of investing.