As you can see from both CHN and LTR charts, the biggest gains to be made was from when it made news with its early phase of its discovery, and yes that's when it has the biggest risk too.
But if you think about it, when a resource junior has found positive assays, things normally just get better. From low tens of millions the stock gets re-rated and instos are not even allowed to invest just yet. Low tens become early hundreds which would already be multi bagger, many also sold too early but even if you get a bagger and not twenty, one still made plenty of money.
No worries about production, commodity price, global economy outlook e,g recession, when the company has good prospects in the right mineral, there is never a problem raising capital to progress the project. Especially when due to geopolitical situation we have now, strategic minerals will be much sought after.
5 year view
CHN Stock Price and Chart — ASX:CHN — TradingView
5 year view
LTR Stock Price and Chart — ASX:LTR — TradingView
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