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Podcast: Mining Stock Education
Episode: The Five-Point Strategy That Built a Billion-Dollar Company: Industry Legend André Gaumond Tells All
Description: Host Brian Leni interviews André Gaumond, Founder and CEO of Virginia Gold Mines, about how he built an exploration company that ultimately resulted in a billion dollars of buyout value. Virgina made the Éléonore discovery (2004), later sold to Goldcorp, and ultimately led to Virginia “2.0” and the sale/merger of the royalty with Osisko Gold Royalties. Gaumond recounts his path from geologist to mining analyst to junior mining executive, then founding Virginia with an initial $100,000 financing and growing it through financings and a disciplined approach to reducing exploration risk. He outlines his five-point exploration strategy that junior mining investors must learn a...