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Message: Some Examples ;-)

Some Examples ;-)

posted on Feb 12, 2009 01:40PM

I know , I know , it suffers from suvivor bias but....

http://www.gold-eagle.com/editorials...

Some examples were: Lion Mines - 1975 price $0.07 / 1980 price $380. YES, that's right it's not a misprint - you could have bought 10,000 shares of Lion Mines in 1975 for around $700 dollars and if you held on for the whole 5 years until January 1980, you could have netted a total profit of around $3,799,300. Not bad, eh!!!!! A few others were Bankeno - 1975 price $1.25 / 1980 price $430. Steep Rock - 1975 price $0.93 / 1980 price $440, Mineral Resources - 1975 price $.60 / 1980 price $415. Azure Resources - 1975 price $0.05 / 1980 price $109. The majors also performed superbly well, but nothing compared to the juniors. WARNING: The juniors, although offering great potential, also contain much greater risk as most of them ended up falling back to zero. So be careful.

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