@davidbateman David it is healing but it will heal at the expense of the ones who are still asleep (+ collateral damage) and they are still the GREAT majority by far. Expect a lot more chaos for the next years.
$BRAU.V
#Gold PEA any day that will surprise the market on the economics. Fully funded and drilling. 1.2milloz Au . 2g/t open pit is very high grade. Open in all directions . Can be fully permitted in less than 2 years . Explorer to producer is a huge value re-rate for retail !
Very stupid selling process because of the amount of de-risking that has happened, positioning of the project with CAD gov and locals and catalysts coming before end 2026 / end Q1 2027. But Mr Market likes these stunts especially in the junior market.
$NCX.V #Copper#Gold Every key bottom and reset feels like the end of the world. In actual fact,when a story is only getting better.These bottoms equal incredible windows to accumulate a junior on the path to one of Canada's most exciting future Au/Cu mine. Emotions vs Valuations
"I think there is no suffering greater than what is caused by the doubts of those who want to believe." — Flannery O'Connor
Stocks routinely develop a religious following…
Every investor with real conviction knows this feeling. It's not the people on the sidelines who suffer. It's the ones who are in deep, who want the thesis to be true, and still wake up at 3 a.m. questioning it.
That tension isn't weakness. It's the job.
Doubt the price and you'll shake out at the bottom.
Ignore doubt about the thesis and you'll ride a mistake to zero.
The edge is knowing which doubt you're feeling.
There is zero substitute for doing one’s own due diligence and then deciding based on one’s personal financial circumstances if they should have a position in any particular investment and what that size should be.
In my book, I describe the work I due to obtain true conviction as also how I manage position sizing.
It’s always amazing how fast momentum changes. How much narratives and perspectives can change valuations.
The most difficult thing to do is learning to sell your joy and buy your pain. Along with that, riding stocks to 10x or 20x returns is also a serious challenge.
Managing greed and fear is a monumental challenge. Skepticism is healthy. I love digging deep and looking for all holes in the thesis I develop.
There’s always plenty of things to consider that could go wrong. But, the goal is to find companies with enough things that look like they should go right, such that if they do the risk reward appears exceptionally good.
There is absolutely no substitute for doing one’s own risk reward assessment.
The mother of all commodity breakouts is underway.
A massive 15-year base is breaking, with measured move targets suggesting ~50–100%+ upside.
Breakouts of this magnitude can define an entire decade.
$DBC 📈