David Lotan Shows You How to Make Junior Mining Millions: Aurion & Fox River Buyouts Explained

In this episode of Mining Stock Education, host Bill Powers sits down with pro resource investor and returning guest David Lotan. David buys nearly all his junior resource stocks in the open market and employs a process any retail investor can follow. You don’t need to be an accredited investor to make millions in mining stocks. David proves it!

David shared: ”Especially in the last decade, the real bargains are in the open market. It’s, to me, far more valuable to find little companies trading for peanuts where management just is missing one of those ingredients. If you can grab a hold of that capital structure before it’s ruined, and if management is well-intended and can follow an investor-friendly pathway, you can get fantastic outcomes.”

David shares how he went from just being an investor in Aurion Resources and Fox River Resources to becoming the chairman of both as a leading shareholder. The companies were recently independently bought out for just shy of C$600M total. He explains how the sales came about and shares a behind-the-scenes look into how M&A happens in junior mining. Listen to be educated and inspired in your junior mining journey!

00:00 Intro

01:26 Why Juniors Got Cheap

03:02 Aurion Early Crisis

05:20 Chairman and Financing

05:55 Exit Expectations

09:48 Agnico Buyout Details

10:30 Investor Alignment

12:52 Why Sale Took Years

15:35 Rupert Conflict Timeline

20:35 Market Forces Drive M&A

23:42 Strategy During Skirmish

29:43 Open Market Buying

30:40 Cash Deal and Trust

32:26 Trust and Win-Win

41:05 Fox River Buyout

45:39 Warrants and Bargains

49:00 Tenaz Energy Win