RE: Jim Mellon10 Sep 2025 19:32
Jim Mellon will likely hold shares in company names. I've done that myself in the past. So AI may not pick that up (at this time). I could certainly check this out, but it's not worth the effort. Major holders have the same issues as everyone else when it comes to divorce, funding a business, house move, etc. It's only a problem if you are a short-term trader or need to sell for a particular reason. The smart money here is for the long term (12 months+); however, we all have short-term requirements and need to consider where to raise the money (taxes enter the equation), and some may sell MTL. These are weak hands. Strong hands would sell something else first. In the past, I've held more than 3% of a mining company, and it is a real pain when you need to sell for "other reasons" but have restrictions and you think you are on to a winner. Nick Candy is a more likely suspect, but who cares? I've done my research (including monitoring Titus) because the more you know, the less risk you're taking when choosing where to invest. As a seasoned investor, I hold a wide range of shares overall but in the precious metals sector, I have two: Equinox and MTL. I'm moving from Equinox, I believe they have only another 50% short-term upside (at current gold prices) against MTL, which still has the potential to rise 2x to 5x within the next 12 to 24 months. I've done my research and until something changes I'm sticking with my plan.
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