Ketamine - have been thinking along similar lines lately.
Was tossing up selling half at $10 to invest elsewhere but decided to hold for now - especially after latest report. Management are fairly sure of defining 500Mlb+ resource so looking for $15 to $20 now??
Also have held EXT for over a year so with tax advantage if EXT doubles I would have to get 4 times in another investment to be worthwhile.
There are some which I think MIGHT go up 5 to 10 times but weighing that up against a fairly definite 1-2 times like EXT is difficult. It's not very often that you can pick a ten bagger.
Timing is also an aspect. EXT could go up 50% anytime with the right annoucement(I guess others could too). With the rumours regarding joint ventures, takeovers etc I think something is likely to happen sooner rather than later with EXT.
The "big boys" are keen too which is swaying me somewhat.
Best of luck with your decision, I'm holding for now. As Harley said it's a personnal decision of risk vs return.
EXT Price at posting:
$9.83 Sentiment: Buy Disclosure: Held
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