AIS 6.52% 24.5¢ aeris resources limited

Ann: AVOCA TANK MINERAL RESOURCE UPDATE, page-50

  1. 636 Posts.
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    I don't think they will fix the T20 functionality any time soon. It's been in it's current state for at least the past couple of years.

    I generally hold for less than a year, except for the odd hail mary every now and then when I'm free carried. The mining stocks go through so many mini bull/bear runs during a year that I've found I'm consistently more profitable following the trends rather than hoping for one big lotto win, and it's much better for my mental health as well. At the moment I see the following:

    The market is still pretty risk adverse so I focus on producers more so than explorers at the moment.

    Gold is inverse USD. Gold went for a run on the hope that the Fed would start cutting rates, that didn't happen, and gold fell away for a bit. US rates now look more likely to stay on hold therefore it should benefit gold in the next 6 months, especially when the US starts cutting rates.

    Lithium 2.0 run ended. Prices have crashed from their recent highs, but now M&A activity is sparking interest as the big players look at the longer term. Their focus is on big WA hard rock deposits, so whilst the rising tide lifts all boats, the WA Lithium boat is the one to be on at the moment.

    Nickel sulphide. Whilst a much rarer and greener product for the EV revolution, I consider it a "luxury" in this market environment of high inflation, and luxuries are the first thing to go when the purse strings need to be tightened. It'll probably need a year or two for NiS 2.0 to take off, or that assclown from NIC to short his own company's product again.

    Copper is suffering from inflation costs more than the need to supply the EV revolution. This will change at some stage, but probably will follow the NiS timeline.

    I take a portfolio approach rather than a specific stock approach. My mindset is if I want to double my money then what is easier/more likely achievable - one 100% winner or five x 20% wins. As they say, never fall in love with a stock, and I guarantee that there isn't one that has gone up in a single straight line without experiencing decent pullbacks that can be taken advantage of.

    I'm lucky enough that I can play the markets without having to rely on it for an income i.e. being forced to trade to pay bills during poor market conditions such as we have recently experienced, and my mindset is that I'm not looking for a lotto win/retirement plan.

    Trade what the market gives you.
 
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