actarealia

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@michaelbhorner

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@TMZ RIP

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@TheWealthMiner 🥂

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@Stefano_1799 @capnek123 Thanks for your work. 3 remarks:

1. Why not use 15% discount?
2. Why not account for a raise when Co runs out of cash in Feb?
3. As it's jr mining, why not factor in share count increase by another 50%/ 100% vs fully diluted?

Different R/R profile🤷‍♂️

But this makes the market

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@Mark_IKN G2 by Gmin?

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@TraderPamplona

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@VukasinPekovic Focus on deliverables, not on warrants/ sweet equity/ options and the like? Don't like warrants, don't buy shares. There is always another opportunity

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@kashyap286 @YellowLabLife Sir, you have every right to share your opinion but there are many who think otherwise

By the way, many would argue it is better to address an argument rather than attack a person

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@michaelbhorner Look who's back!

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@Annie_Bex FYI

https://t.co/UVhGOMZD0I

[Mark @Mark_IKN]

Nobody Reads Financials, part 734:

Compare the soft soap nonsense in Guanajuato Silver's $GSVR.v 1q25 results NR to the cruel reality of Note 1 in its RegF filing 👇👇. That this überdog-mit-fleas was +10% today is testament to the financial illiteracy of silverbug morons.

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@gringo_in_arg What about "EEE" tri-partite: ELE + ECOR + EMX? But only with ELE mngmt surviving. This vehicle can consolidate royalty space & dispose non-core. Scale & lower cost of capital. Would look better than GROY as a 'paper consolidator'

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@mike_maloney Ep 4, basics in simple words

And your video on wealth cycles

Thank you

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@latinmines @SultanAmeerali Royalty is a financing business: cost of capital and size are key advantages

Exactly what small royalty Cos miss. Comparatively high g&a, relatively short mine lives, high competition, uncertain NAV, fluctuating cashflows...

Speculations - yes, investments - hardly

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@NeilRingdahl Neil, why do you think Valentine will be a success?

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Good background reading for (junior mining) speculators

[Oilman Jim @Oilman_Jim]

I decided to republish "Understanding the London Speculative Markets and the Secrets of How to Profit From Them."

It's free this time and I think you'll find it interesting

https://t.co/kvNhNnM8dH

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@TraderPamplona 🙌

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@TheWealthMiner Capital allocation mistakes

Expanding for the sake of expansion

Buying back shares or paying dividends while

Raising at dissimated share prices.

Having good reputation and putting it on the line for ... ???

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@TheWealthMiner 2 CEOs joining the hall of "Great expectations"-Not

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That's it for now

Thank you to those, intellectually or (in)directly or indirectly contributing, including:

@TheWealthMiner
@RealRickRule
@michaelbhorner
@YellowLabLife
@duediligenceguy
@respeculator
@Mark_IKN
@TraderPamplona

And many others🙏

23/23. Fin

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Mining Don'ts

Knowing what not to do is usually easier than what to do

This thread focuses on adaptation of some general investing principles to junior mining, especially for retail

As with all 'rules of thumb', 50% of time they don't work all the time

🧵

1/x

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20. Don't put all eggs in one basket

Since odds are against you, have at least a couple speculative positions. But don't spread yourself too thin either to avoid di-worse-fication

Per Rick Rule's rule, limit the # of positions to # of hours per month you can DD the stock

22/x