RE: KIST & SQZ19 Jun 2025 14:09
OMI remains my main gold play. Always my intention to hold it throughout 2025 and then reassess. Although it's pulled back 50%, that's to be expected with placing, warrants and unrealistic market expectations about getting bonanza grades all the time. Hoping the next leg up will take it into the 20s. Has some really significant drilling programmes coming up. Some jurisdictional issues of late though!
HEX is my next largest position. Got in reasonably early and happy to let it play out. This next drill result could really propel it to new all time highs and can't see it looking back after then. So planning to sit through the drill result, which is unusual for me. Let's hope I don't regret it.
Also started to build a position in BRES. I really do feel that it's 'Q3/Q4' or never for this sleeping giant. Might have gotten in a bit too early though, as not expecting any share price action until drilling results start coming through in Q3.
GRL has turned out to be bad trade so far. Sold 50% before it plummeted, but still nursing a paper loss on the remainder. However, could be a really good bounce play for others. I'm not inclined to put more in it until I see the next gold pour!
GSCU has not performed as expected and not liked the chart pattern for a number of weeks now. Should have cashed my chips there a lot earlier than I did, especially as I needed them for COIN, and missed out on it.
Which brings me to my current plays. I've taken a position in VULT. Hoping it will be the next one of these crypto plays that will pop and give triple digit returns. Had to take out some GSCU to do so. Also got my eye on WSBN, but want to see the placing churned out, plus early profit takers. Only risk is that they can really fcuk up with timelines and newsflow, so worried how long they might take to get drilling. Also contemplating adding more into OMI, as it's right at the bottom of this large base.
Need to cash out from somewhere, to free up some cash to do some more trades! Exiting HEX will give me some funds, and might bail out fully from GSCU - getting placing vibes, and as you guys know, the wolf has a bit of a sharp sense of smell when it comes to these placings!!!