my thoughts exactly googsI often do these quick back of the...

my thoughts exactly googs

I often do these quick back of the envelope calculations.

then when i get to the end (some predicted value of SP) .... I chop it in half and that's it.

I would say $1500 POG and $500 expenditures is (at this point in time) an upper limit on POG and the lower limit of expenditures.

like googs said, when all is said and done, let's say $500 profit/oz, at a rate of 100k oz/ year -> $1 SP
this seems pretty reasonable.

Hell, for the really conservative, take another 50% probability factor here, call a firm $0.50 SP and it's still a solid 384% rise..... 384% !!!!!

Sure it doesn't sound as nice as "10 bagger" but, bloody hell - if you can average these returns on solid bets then you're doing A LOT better than the average punter!

remember... research, have patience and take profits when you can. my game is to try to build wealth steadily over time.

i'm more than happy to never have a 10 bagger as long as i can pick returns of 200% - 300% more often than not

p.s. topped up this morning and feeling warm and fuzzy about it