Hi danube, i hold on last count something like 80 differnet stocks, spread over differnet sectors.
I hold PMH for the very reason you illustrate.
But, when will they actually make some money? When will they actually put a date on it and say in 3 years we're going to be in production? Maybe they have and i missed it?
BMN, on the otherhand, while i see them as peer to pdn in the making, and expect a 10 bagger in the next 3 years.
And BMN had bounce 2x written all over it as all smart money poured into it during the august U sell off.
I've only been doing this for the last 2years, and still a work in progress.
It's a balance of when, and how much growth.
One company could tell you it's got a 100 bagger for sure, and keep on the same path of resource extension without commitement to mine, bleed you dry for 10 years, the other could promise you a 10 bagger and say its only 3 years away.
Which one will cross the line?
Danube, If you like PMH, MGO has the same sort of numbers, and you should also check out IRC.
cheers
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