Position opened: First purchase on February 28 2018, total average cost of $0.137 CAD

Position closed: Last sale on September 19 2019, total average proceeds of $0.483 CAD

Hold period: 1.54 years

Rates of return: 226% (simple) and 115% (annualized)

I invested in Athabasca Minerals because it hit a number of my criteria, and because I believed it could offer an out sized return given the possibility of significant price appreciation. By September of 2019, it became apparent to me that price gains were eroding, and that technical indicators were suggesting more downside. Athabasca is a company that I continue to keep on my radar, although current industry fundamentals (as of September of 2020) continue to be weak.

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