RE: The next Ggp15 Apr 2026 12:59
When I think about the SP - it's not just about the company related factors - such as when will Hav come online. The question always for me first and foremost is whether being invested in the sector is the right choice, then followed by is GGP also one of the best?
Moving away from my general focus with GGP is what to a large extent trapped me here for a few years on paper losses - too much Kitco narrative and less of my usual logical approach! So I've reverted back to what always worked for me. I really am displeased still that I (along with everyone else) never realised how financially weak we had got with Heddle or I completely misjudged how far we could fall back. I've tired to rectify that by learning as much as I can about sector - but perhaps a waste of time as GGP will be my last big stock market punt :-)
Walk away as a winner IMO when you hit the jackpot and as I've now hit my 50's and blessed enough to have done well elsewhere and have passive income to have the choice to not have to work - it's time to force myself to follow the plan that is recommended for early retirement in starting to play it safer with things. I still think the sector has plenty of runway but eventually will reshape my portfolio to a boring more passive one- have done this in past when I was too busy to pay attention to trading, so nothing new for me.
Historically the sector has been very volatile and cyclical - will it remain so despite what the metal bugs think is for me the pressing question or are we just going to be in a bull run for X amount of years - and then a down cycle when it will make sense to perhaps just hold some mining stocks as a hedge.
Majority of retail end up losing money on riskier plays on AIM, any money on a position is always money you should be prepared to lose. So if you've made a considerable amount of money here and perhaps close to retirement at whatever age you fancy doing it at if lucky enough to choose? Then IMO stay away from AIM in general and future high risk punts in future. There are only ever a few AIM companies that 'make it' and even less that ensure that the LTH also benefit...
Investing has a certain recommended cycle from your 20's to your 50's when you then start preparing for retirement if looking at a normal-ish age to retire. It's easier to make money than retain and grow it. I watch plenty of juniors and seen plenty of ex GGPers who disappeared quite frankly p1ss their wins away thinking they'd become experts.
GGP will change over time, Shaun is the same age as me, he might fancy a try at running a major before retiring or be pulled elsewhere into Twiggy's empire, BOD might move away too as no spring chickens.
Whether I hold onto all/some or none of my GGP in the next few years - I intend to ensure that the last few years of hard work and risk will provide permanent benefits. I'll leave others to continue playing with the usually ill fated AIM casino :-))
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