Hold on to them golden tickets15 Mar 2023 23:23
I saw this tweet and thought it very apt for we are and where we could be! You just gotta ignore the idiots that want/need you to sell who knows what’s gonna happen…better to not have regrets tho…..
Back in June '16, I invested a meager $10k in a gold explorer. My friend vouched for it, and I got 66,667 shares @ 15cents and 66,667 warrants to buy additional shares for 3 years @ 20 cents.
Six months later, I sold the shares for a 13 dollar loss, but the warrants stayed with me, like a free rollercoaster ride.
Money was tight, and the market cruel. Breaking even felt like a win.
Life went on, and in Mar '18, the stock soared to 55 cents. I sold my warrants, pocketing $22.8k for a home. Life was sweet.
But fate had other plans. The company expanded, drilling more and acquiring land.
Boom! A goldmine found in August '18 – 16.35m of 26.91 g/t Au. The stock began an ascent to $29 by 2022.
That company? Great Bear Resources $GBR.V
I missed the golden ride, but my $10k COULD have turned into $3.867M.
Lessons learned: Know your treasure. Trust your friends. Stick around for the party.
Mining's a game of chance, but with focus, connections, and an open mind, you can strike it rich.