Gold Stocks 1975 - 1980
Below is an analysis of Gold Stocks performance during the last "Bull" run 1975 - 1980
I have used Unico (UNCN OTC.BB) as an example for my analysis - But you could apply the theory to any Mining Company (With Asset). Please do your due diligence first.
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Lion Mines - 1975 price $0.05 / 1980 price $385.00
Bankeno – 1975 price $1.25 / 1980 price $430.00
Wharf Resources – 1975 price $.40 / 1980 price $560.00
Steep Rock – 1975 price $.93 / 1980 price $440.00
Mineral Resources – 1975 price $.60 / 1980 price $415.00
Azure Resources – 1975 price $.05 / 1980 price $109.00
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Average Increase 1752.89 %
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Unico – 2006 price $.0022 / 2011 price $3.85 if history repeats itself
(If you bought 100,000 shares buy = $220.00 Sell = $385,636.00)
Now that seems a little optimistic so lets apply the same formula using the 52 week low.
Unico – 2005-6 low price $.0004 / 2011 price $0.70 if history repeats itself
(If you bought 100,000 shares buy = $40.00 Sell = $70,116.00)
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copyright "Corncob" May 2006