Dmytro Kharkov

Willem Middelkoop: San Lorenzo market value surges from $7 million in 2023 to over $570 million

Willem Middelkoop: San Lorenzo market value surges from $7 million in 2023 to over $570 million
San Lorenzo jumps from $7M to $570M

Willem Middelkoop, founder, investor, commodity fund manager at Commodity Discovery Fund, reports that the fund bought its first shares in San Lorenzo in 2023 when the explorer had a valuation of just $7 million.

According to Middelkoop, San Lorenzo is now worth over $570 million and is a top 10 position at CDFund after a 523% year to date increase. The company has gained attention due to a significant copper and gold discovery in the Andes.

Middelkoop has also commented on significant market events outside the mining sector. He previously reported that Turkey sold nearly all U.S. Treasuries in March to defend the lira. Earlier, he covered his research team's scheduled meetings with junior mining firms and a CNBC interview in Nevada.

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