It is quite normal for a successful mining stock to reach a dizzy height following discovery and confirmation. The SP will retrace from the "dizzy heights" as people take their 10-baggers. There will be a period of retrace into a "trough", but will climb again when development of the mine is confirmed.
People who understand the SP patterns are not afraid, but instead welcome the chance to buy cheaply. The best time to buy/top up/accumulate, depending on your circumstances, would be at the trough, "picking the bottom". The questions are: are we at the bottom, and how long will it stay at the bottom before the climb back up?
stb one year on., page-2
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