RE: SP12 Oct 2022 11:31
Like many of here I did not sell any of my holding in that spectacular rise period in 2020/21 where I would have realised huge profits and at the very least should have taken out my initial investment for a free carry on. I didn't and I believe 'that' is the un-sweet sore spot, that niggles away at me, and maybe many of you?
Either way I always intended and still do, now we have been further de-risked to hold the majority if not even all depending on SP levels in the future, for as many years as is possible if we continue on this trajectory with SD's plans.
Thank you Tygra for your short video this morning on the basic life cycle of a mine reiterating what we should all already know (and I did but needed a timely reminder to soothe my furrowed brow on the SP ) of a mine's life cycle describing the 3 sweet spots of peak timings.
Yes we are in the orphan period but I believe many may not have done much research and though it was just a reminder for me as I have,; many here may have simply speculated on GGP in the previous hype and don't know what they have to potentially look forward to in coming years. I urge you to watch it again, new or old.
Especially the part where It reiterates that only 1 in 2000 junior explorers find a mineral deposit of 1m oz au or more out of 2000!!! That' s 0.5%...and only 1 in 3 then go on to mine it if it is proven to be economically viable to mine! We have now done ALL of that legwork . We are on our way people!!
We have heard SD himself he expects 20m oz of au....20million!!!!
It should be economic to mine and is in a safe jurisdiction to boot.
Nothing new or different to what we have already learnt, but a timely reminder and an easy education in that well presented 15 minute video. Any jittery peeps (like me at times I admit) do re- watch it and pat yourselves on the back. AIMHO but it served me well to watch it and remind myself of the facts.
On another note, though I don't have cash to plough into a new prospect at the moment, does anyone have any tips on here on who the 'next' GGP might be? I did have a million in KOD but took that out a while back. If anyone knows of a worthy contender for the v early days of a junior that might well bear fruit in years to come please let me know! Much appreciated. Or maybe there's only one GGP ?
atb Panama