RE:RE:Swy - 2,00$ in 18 monthsThank Pierre for your advise.
I agree on you, for normal investors this type of behavior look like too concentrate on one company.
In my case, I know than the majority of diamond and gold company in ramp up stage give very good reward with less risk than junior and speculative company. I own only 10 % of my portofolio in mining and gaz. Stornoway every single day have less volatality, now should be 30 % (5 years windows) less than two years ago. Why ? because financing is there, construction are in good shape, ressource still flat compare to other commodities.
the real plesure with the diamond company is when these guys have big rock, based on the studies at Renard, it's should be there. The big rocks has been not put in the 43-101.
I hold more than 40 stocks but Stornoway is one of my stock, I beat the market every year since 15 years. Why beacause every single investesment I do a good due diligence on the company, sometime I fail but 80 % I have good performance. I bought in november 2015, 40 000 shares of Ovivo at 1,28, last week, takeover deal at 4 $. I got many message than I a crazy guys... when I did the trade.
many year ago I bought 50 000 shares of TNC at 0,50 $ now stock is a 2,30 $. I Bought TOS, TH, PLI, LLG, KAM at the penny stock now these stocks are all in dollars.
Stonoway is smaller but a good company like Osisko Malartic, Detour Gold or Consolidated Thompson to invest now in ramp up phase, you have to put your money in this horse. This horse have many good reason of succes.