Sokoman Minerals Corp. V.SIC

headless horseman

[likeike]

10 baggers: Some Rules

1. You will miss 99% of ten baggers.

2. You will typically not get a ten bagger if you are not able to HODL for at least 1-2 years min.

3. You will not get a ten bagger if you are not able to hold through a 50% correction

4. You will not get a ten bagger if you day trade during a bull ride.

5. You do not need to be in pre-discovery to get a ten bagger

[BlueChipper2020]

This is 100% true. This also applies to the best of the best blue chip stocks. I have a 10 bagger on APPLE which I bought in 2009 and is my largest holding. I have almost a 5 bagger on NVIDIA which I bought in March 2020.   For blue chips (I mean the best of the best. Not Air Canada or Bombardier. LOL), I would buy and hold long term. Period.  For junior miners, you need to do

[likeike]

I agree with you BC except on one point. Warren Buffet words for when he sold his last share of U.S. Airways some 30 plus years ago. NEVER OWN A AIRLINE. IKE

[BlueChipper2020]

LikeIke I always agreed with Buffet on that. I think my post mocked airlines. Airlines have low margins and high capital cost. In theory and in reality a terrible business model.   GLTA BC

[666999]

SIL 0.15 still holding, great company, stil has nice upside 2-3x Cheers

[666999]

One of the best things when looking for 10+ bagger in junior space for example, is to find mgmt, that has built mine, sold it or sold property, remember mgmt is No1 thing when investing in juniors Just follow them, when they sell company and start new, I know a lot of stories with such sucess SIL is one of them, SLVR will be maybe next SIL so 5-10 bagger Mgmt is in mexico for 25 years, great