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Title : Can anyone remember a trade in which Orion actually made money in juniors?
link : Can anyone remember a trade in which Orion actually made money in juniors?

Can anyone remember a trade in which Orion actually made money in juniors?

This morning brings the latest reminder of how crap that fund and its people are in the junior sector.

On September 10, 2019, Orion Mine Finance announced that it had entered into an agreement to sell 10,000,000 ordinary shares ("Ordinary Shares") of Lydian International Limited ("Lydian") held by Orion Co-IV (ED) Limited, a company managed by Orion Mine Finance Management I Limited ("Orion"). Orion wishes to clarify that the sale price for the 10,000,000 Ordinary Shares in the September 10, 2019 transaction (the "Transaction") was C$0.10 cash per Ordinary Share for an aggregate price of C$1,000,000.

Immediately prior to the Transaction, Orion beneficially owned 98,836,000 Ordinary Shares, representing approximately 13% of the issued and outstanding Ordinary Shares. Immediately following the Transaction, Orion beneficially owned 88,836,000 Ordinary Shares, representing approximately 11.7% of the issued and outstanding Ordinary Shares (based on there being 760,017,021 Ordinary Shares issued and outstanding). Since the date of its last early warning report, Orion decreased its securityholding percentage in the Ordinary Shares from approximately 16.9% to approximately 11.7%, representing a decrease of approximately 5.2%.

Continues here. Honestly, I've lost count of how many of their investments have blown up in their faces.

Thus Article Can anyone remember a trade in which Orion actually made money in juniors?

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