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Pierre Lassonde Reflects on his Life, Career, and Paving the Path for Mining's Royalty Business Model

Mining Stock Daily

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The Best Place to Find an Ore of Gold on the Planet?

In 1982, 83, the cheapest place to find an ounce of gold was the Carlin trend on Nevada. The company's stock was draining at about 65 cents but it was only worth about 30. So I figured I'd give him like maybe a million shares. He had a $2 million loan at a bank when he got his first royalty.

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