Daily Discussion, page-148

Not if you want to do a real proper detailed DD for minimal risk, you should be digging into each of the management's history, what did they achieve at their time in previous companies, what didn't they achieve at, how long did they last, why did they leave or did they get laid off and why? And that itself can be detailed as considering some have 10 previous jobs, also another important factor is how many jobs do they currently hold? As that can cause conflicts of interest, if they do what other stocks are they currently in? Are they successful companies or not?

Then of course there are the projects, what location are they in, have they found anything of any value yet, what's their potential, realistically how much money can you expect them to make out of each project, what are the operating costs and expenses in that area of neighbours, are they cheaper or more expensive than peer stocks in that particular commodity and why? What sort of power do they have access too? How much cash do they have, how long is it expected to last? What's their MC compared to peers, if it's higher why? Etc, etc.

There are a lot of things one should find out and a lot of us can put in more effort in, all part of the learning process.