RE: Three Secret Places Mining Stock Pros Invest - Lassonde Curve4 Sep 2021 15:36
Indeed HH, very much how I like to play speculative growth stocks, find quality companies, get in cheap before the herd and wait it out with the advantage of a very low average, rare I average up either -))
I possibly differ in being less cautious in that I rarely invest in over 5-6 stocks as too much work to keep up and I'm not a fan of large numbers of stocks if in a phase I am looking for large gains, sometimes I go years just collecting divs if bank interest rates low or I see more opportunity in other things such as property or just too busy.
The way I see it is if I am spending so much time on DD and research then I should have faith in my commitment and take large positions at the outset, else I may as well spread myself out but I don't feel people doing this make big gains although they avoid big losses, certainly my experience is to focus on picking a few and make large gains vs spreading out which is more about wealth management than growth such as div collecting. It's worked well for me over the years, but I could just be lucky lol
I'm keeping a close eye on WSBN as a GGP nearology play and others on such as Antipa/Artemis but not pushed the buy button as feel GGP has scope for Hav nearology just as promising as them and I hold a large amount there so should perhaps hold off on more local exposure on one small geological region, no matter how prospective.
With UFO, very much hoping for similar huge gains as I have on GGP and Dev , SP isn't spooking me given all the other factors in 2021 that kicked explorers in the balls - if we just keep reeling in the results, the rest will follow in good time :-)
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