I've been listening to a lot of Rick Rule; and thought i'd like to share his experience in speculative value plays.
- Usual time to value from investment: 4-5 years. - Chases 10 baggers - SP usually drops in value by around 50% once or twice before value is actualised.
I don't think I have enough experience to use the word "normal" however, the journey most of us have gone through, while it has without a doubt been a tough one, I do do get the sense that without any sort of steady state, all we really have is sentiment and trust; and that is what get's valued. It doesn't take much to shake or boost that trust.
My sentiment remains that this is a whopper and we now have the right leader. Let's hope that Mali, capital supply and lithium offtake markerts are such that our leadership can be leveraged.
Impatiently patient.
BGS Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held