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Dreams don’t always come true
https://youtu.be/H_aKSeWxewM
Well crypto is just a very very risky commodity. No way should it be a Sipp investment. It can go down 30-40%too. The very fact it can and does shows it’s not advisable as a pension investment unless you are very careful with your overall investment strategy. Way too risky for most people. But sounds like you have done well. Good luck going forward
Looking at the movement of most stocks it’s painful watching the movement I tend to look every few days and nothing hardly moves and if it does it’s rarely more than a few percent
And yet I trade crypto as well and can make 30 to 40 percent
In a couple of days which isn’t unusual I just wish I could trade crypto through my sipp which you cannot but if you could I would dump all these and just trade crypto far better returns and this is why pensions are in trouble because there is not a lot of opportunities out there with stocks to make decent returns and it’s only getting worse crypto all the way hopefully one day , have held xtr for years and made more on crypto than with AIM stocks but sipp regulations need to change .
>>Las Bambas copper mine in Peru had been operating at a reduced rate since December 7, after Congress removed and arrested President Castillo. On Wednesday, MMG confirmed that it would start a care and maintenance period. The copper mine accounts for 2% of the metal worldwide, and protests are threatening to hamper access to almost $4 billion worth of copper.
Castillo has been removed from office and detained on charges of “rebellion” after he announced he would shutter congress and install a “government of exception” – just hours before he was due to face an impeachment vote.
Nothing but another tin pot dictator who swears blindly he had done nothing wrong. Although I can’t help but think, bring it on!
>>Someone still determined to bail no matter the SP.....
Production revenues are likely to only increase. Doubt that is the reason.
Could have lost faith or concerned as to how favourable the economic viability of BR is going to show.
For starters if it is concerning, what will be reported soon is more or less the preliminary economic assessment, which is basically just a snap shot of the current economic potential that will point to where improvements can be made. So to try to second guess if this is not going to show good potential is pointless at this stage. We already know from RNS and podcasts that further definition and test drilling with other technical work will continue, that will further improve on the economics anyway.
This study that is due is ‘not,’ a wether or not study! BR has already had that one in the summer of ‘21 and it concluded that the Racecourse deposit contains significant low-grade tonnes of copper and gold which may be economically recovered at a copper sales price above US$4 per lb
Economic viability of any new project is constantly being tested all the way up to a definitive final study.
Someone still determined to bail no matter the SP.....
If we get a x5 from here I'll be happy
Frustrating waiting TBH and currently sitting on a rather larger paper loss. Opportunity is now to add more
On the subject of the license extension, monday @13.18 this was quoted from respected LTH Captainbob, who attended AGM in ‘21 referring to CB. Not particularly significant, but still worth sharing.
>>> At AGM he again talked about extension to 2024 and ‘beyond being possible,’ with comment, “if of course we are still the owners,”
A further comment from that AGM that could go some way to dispel some of the concerns that have been raised previously that the company should not be taking on any further projects until BR is sold.
>>> They also mentioned a few smaller projects in Zambia that they are looking to progress, (also further exploration in Manica, as most is untested, and area very fertile with gold, they have several targets,) to increase income for further drilling programs if required, but saying these in themselves would be funded from projected cash flow, and ‘only’ when can be done without detracting from Bushranger requirements.
If BR is being prioritised, there is no reason to suggest it would not continue to be, over further Manica drilling, dependant on treasury. So hopefully any further raise may not come. It will be dependant on wether FairBride is now or will soon be operating within its targeted parameters
Will be hoping for a ‘minimum’ ten bagger from here if BR can be sold on, putting the market cap around the 200m range. For GGP, the market cap would need to grow to 3.75B to have similar gains. You could ask at what degree of probability are each company likely to see those gains within the next year or two?
I have had plenty opportunities to take decent profits and have missed them all, becoming too devoted to the companies and thinking it could get better. Sitting on large losses now on all aim shares, all in junior miners. I am still hopeful ggp will save me. Was 500k up at one stage, now just about break even.
Here I will be happy to break even, about 60% down.
Yes GGP someone took out part of pension start of pandemic and made significant gain
not that it made me super rich
was EEN an aim stock 25p to 750p
Just out of curiosity has anybody in the group ever had first hand knowledge of anyone becoming super wealthy investing in AIM shares ?
Bruce, your article outlines why I would be happy for XTR to begin a phase 3. Not only would the BR resource grow but the squeeze on Cu supplies would boost the Cu price. A trend that is only just beginning. It punters are willing to wait then we could ride a wave into a perfect storm. It would mean a longer wait but the rewards could/would be lifechanging.
Showing +0.20p on ii. Hoping start of recovery albeit a cautious one.
https://aheadoftheherd.com/copper-shortage-getting-real-richard-mills/
Those who had to pull out money to pay tax bill have done so perhaps? Maybe we can rise now a little, please...
it's always darkest before the dawn (that wasn't code btw)
This share should never have gone under 2.5p imho.. So i'll wake up here when it goes back above 2.5p again.. and expect i'll post somewhat regularly thereafter..
Positive day again but very quiet here.
Never understood the need for having multiple accounts on LSE unless you are playing games or have weird intentions/trying to manipulate. Was it father ted /porv who had multiple accounts? The guy who claimed porphyries halfway up the Andes might be a better investment. He did say he'd come back to compare fortunes. Wonder how his predictions have gone..
Writing in code is ridiculous and just strange. Let's get back to normality.
Thank uk for that
Russ Ian Girl seems to have gone !
Good post.
At least it’s not in code.