Youngsters among us all.....I, like some here, have based my knowledge over 48 years of knowing when to enter, when to leave and when to stay put!
When Ive gone to the PDAC or the VRIC and I see old friends ( that are younge than me ) I actually get excited, that another year has passed, and were still alive. Playing the market for me, is a bit of a game, but over the past 18 months its given me a shot at getting really close to my grandaughter, watching her grow and more importantly watching her blossom with really good questions, some as good as people post on this and a few board.
I believe in managment, first, over the years, Ive had many a chance for lunch with Ross, been to Bowen island and have seen incredible rocks. Ive seen even more incredible pictures of rocks, some very juicy an some, knowing that more work needs to be done and done it will be. Eau Clair is just that play, they really need to expand it and thats what they are doing. CB has visable gold and not a little....There is one overriding message that my grandaughter gets from me, this is a very long game. From discovery to development 10 years and 100's of millions of dollars. God willing I will be 100 when she will be coming of age, but I know, her univcersity is paid for in its entirity and bless her heart, she wants to go to McGill.
If your invested, right now, in deals where the managment has not done it before, has not been able to rasie big bucks on their own, do your self a favor, get out! That advice is free today!
If your a trader or a momentum player, Fury, TO and soon to be Sombero are not for you, own enough that can make you significant money, but one you can hold for 3-5 years. In T O case, there is something there, and its big, but after 4 holes, there shold be 56 more. That will be the test, make no mistake!
Fury, sitting down with Shawn and Ivan two years ago, H S was always on the block, Mike got them distracted, Ivans no fool, if you have never met his father, then you will understand Ivan, a highly intelectual family, wealthy and mining knowledgable, do not ever kid your self, ever! C B, is our rock and star in this portfolio, understanding what they are doing up there is critical you do not just walk up to a rock and turn it over and go ...ah there it is!
The grasp of many, here and on many boards is some times laughable, go educate your self, get close to a company and beg, dont ask to join them at a drill site and see what real work looks like, vs hitting and enter button on RBC or TD webroker!
If my grand daughter can lens a rock and tell me what Chalcopyrite is and she knows what heap leaching is and block caving ( I am guessing 70% of you have know Idea what I am talking about, go do home work, please.
Ive said this to many people, in grade 10 Chemistry, every Chem teacher should get a hold of the best geologist in the game thats made money, pull down the periodic table chart and have them point at Au and or Cu and have them say, " I was the discover of a Au mine and it netted myself and my sharholders $400M" You probably be right, every kid in that class would be come super stars in Chemestry in high school.
J 103 So the advice today, to all, is learn how to self educate,get to a miine site while they are drilling, and pay attention to people that have done this before, dont worry about the ups and downs of a bull market.....and as far as crypto goes.....in my humble opinion, it will not end well!