Red Rock Resources6 Jun 2024 23:19
I will share something with folks. On HL, there is a free function called WATCHLIST. One goes to any stock, be it USA, UK or European Stock. On the right, one can CLICK WATCH and it will appear in the Watch List. One can make more than 1 list. I watch indexes and put them into one list so that I can track gold, nickel, copper, wheat prices etc. On another list I made, they tend to be all AIM tiddlers. I want to SEE how it will perform. AT THE BOTTOM, HL will show + or -.
IF, THIS FANTASY STOCK LIST SHOWS A HUGE LOSS, that means one is NOT doing something right. If one invest in exploration stocks, one has to be very experienced in reading RESULTS , assays, strike lengths, country jurisdictions etc. Hence, why Rick Rule calls himself on Linkedin EXPERIENCE INVESTOR & SPECULATOR. Why speculator? Many exploration stocks are in fact speculation UNLESS they become a mid-tier and even then, some years they can lose a lot of money IF the commodity prices fall and some can even go BUST. Rick Rule said, ONE HAS TO KEEP IN THE GAME. Why? Once one BUSTS there is NO MORE COMEBACK as money is not a bottomless pit. SO, IF ONE LOSSES £500, then better stop or else more may be lost. What Rick Rule is saying is that if one uses capital of £500, £5,000 or even more, LOSING MEANS ITS GAME OVER. So, make sure one does not lose and that is only by learning and it is a tough learning curve. So, this applies to RRR ---------ALL AIM JUNIOR EXPLORERS ARE NOW VERY VULNERABLE. Why? They ALL need to raise to survive. Charles and many others have said so about the AIM market and it is in rather bad shape, lets put it that way. Why? Funders are not willing to lend. NATIONAL GRID JUST DID A £7BN RIGHTS ISSUE AT A 35% DISCOUNT and many others raised mega sums as well. So, take care. I DONT WANT TO BE BLAMED IF I DONT SPELL IT OUT AS A =====CAVEAT===which I have repeated many times but new folks are turning up not aware of what is happening in the mkt.