That's a fair comment, though regarding cobalt and lithium. Cobalt is pretty much uneconomical grades found everywhere but DRC so a lot of companies tried to follow the hot metal and got burnt.
Lithium was about getting the timing of the market right, which was either 3-4 years ago or probably now and next 12months.
Gold is arguably one of the most stable commodities to invest in and realistically comes down to delineating a resource which can be economically mined. 1g/t being rule of thumb for open cut and somewhere around 2.5-3g/t the underground equivalent.
With the increased gold price of late, it's certaintly meant a lot more hype in the gold space but even at a reduce gold price my thought process it MTC can be economically mined.
1/100 mining stocks make it from exploration to a mining operation. So unless we want to say 99/100 stocks have crap directors, maybe it's more to do with the ore-bodies being explored. IMO if a deposit is good enough to be mined economically then it will be regardless of the management at the helm. Certainly agree that management play a very pivotal role but think retail shareholder like to hold them accountable for their own poor/lacklustre research into the area's explored or the project obtained.
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