Recovery plays9 Jan 2026 15:54
I sold my HEX holdings a few days ago so right now im fully holding cash, I've been watching a few new companies however most have doubled in share price recently. I worry that investing in these is pointless as the gains have been made already and going forward their is minimal upside for the associated risk of aim.
Therefore its about looking at shares at the bottom of the trend and have good upsides. Two I have found are firstly PANR, they have stopped the well and plan to carry on with the testing later this year. The SP has tanked but the risk is that they say its a duster and want to drill a different well. This would push the SP down but if they come back to the well the SP could recover and offer big gains from these prices.
Secondly GEX, I understand all the red flags here but if they drill say summer/ autumn their is huge upsides to the SP right now.
I'm thinking that maybe I need to hold slightly longer term i.e. 3-6 months with these rather than a quick 4-6 weeks like most shares. However the returns could offer me the same returns (I made 70% overall) as last year with a lot less chopping and changing.