I would question a lot of people who said they did the research to go long, I remember when these projects were first hyped up. Probably need to work on the research skills a lot more. These magnetite projects have been in limbo for years and you get a new round of punters when the hype reaches fever pitch. I wouldn't hold magnetite long personally, the green narrative is what got the crowd this time regardless of economic sensitivities.
I've been keeping tabs on it and took a few trades, you've now got a huge retail baggie shareholder base now on that run to $1+. Market is unforgiving, seen it spit people out and send them back financially years.
Chin up to anyone today, it's only money. It comes back around eventually.
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