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Ann: High Grade Gold Results at Hillgrove, page-80

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rogerdat

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11/05/24

17:28

Post #: 73779261
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Originally posted by gutumike ↑

Yes, seriously. I'm 84 years of age and I balance my portfolio for what I believe to be the sectors, minerals and companies which are most likely to give me the best returns over the next two years, but where I believe that I have the best chance of preserving my capital if things go pear shaped (which is looking quite likely at the moment). Over the years, I have found mining to be the most profitable sector.

Gold and silver are standouts for me, and although it's a mineral which you rarely hear about, antimony (which is mainly produced from stibnite) is going to become a very high-demand but under-supplied mineral, particularly as countries ramp up their military spending, although antimony has many other uses as well as military applications.

For example, it is in high demand for use in flame retardants, it is used to strengthen and harden alloys, is widely used in electric cables and solders and in glass manufacturing, and in medications.

I do a lot of reading into information from Australian and overseas commentators and then make my decisions, firstly about market sectors and specific minerals, and then about specific companies. Of course, I don't always get it right, but overall it's a strategy that has been working well for me.

Each to their own. I respect the opinions of others, and and I'm always happy to learn from other people's experience and knowledge.

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OZ gov might support the Antimony aspect of hillgrove with funding from the critical mineral fund imo

LRV Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
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Ann: High Grade Gold Results at Hillgrove, page-80

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Ann: High Grade Gold Results at Hillgrove, page-80

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