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Author: Admin | 2025-04-28
What Is The Lassonde Curve? The Lassonde Curve is a concept popularized by Pierre Lassonde which illustrates the typical lifecycle of a junior mining company from its inception through to its eventual acquisition. While every project is unique it provides a useful mental model when investing in Junior Mining Companies. Who is Pierre Lassonde? Pierre Lassonde (2015) Pierre Lassonde is a professional engineer and financier whose achievements include serving as the President of Newmont Mining Corp from 2002 thru 2007 as well as being one of the two founders of Franco-Nevada Corporation.Founded in 1982 Franco-Nevada took the royalty model used by the oil industry and was the first company to apply it to gold. Franco-Nevada’s first move was to acquire the royalties of a small Nevada property which grew into the Goldstrike mine which produced 750k+ ounces of gold annually making it the 8th largest gold mine in the world. This and other shrewd deals led to Franco-Nevada’s continued growth and over the next 20 years they provided shareholders with a 36% annualized rate of return. We think there’s a chance he may know what he’s doing when it comes to resource investment. The Stages Of The Lassonde Curve In A Nutshell - There Are Optimum Times To Buy Low And Sell High Exploration - Chasing Smoke This is the initial stage of mining exploration. Maybe there was past mining activity in the region or perhaps a prospector tripped over a shiny boulder while chasing their dog. Either way there
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