/biz/ - Business & Finance

>>57231586
Nah, we’re waiting for the next pm bullrun kid

>>50765424
Your second paragraph is sound, so I’ll leave to another anon but your initial question, what makes juniors different from dogcoins, ATMD etc.

Well for me it’s the fact these juniors own properties and have actual resources. Yes the properties require permitting and continual operating to continue to be legal mining ventures (which in turn weighs down on company finances/ project timelines somewhat). They have to pay for increasing labour costs, machinery procurement/ maintenance, increased cost of debt, all of which can be detrimental from a retail investor POV (dilution).

But we look historically at outsized gains that can be had, like investing $1500 in Coeur Mines in 1965 turned into like $2 million within like 7 years (could find the 60s bullrun chart so I’ve picreled the 90s bullrun). So we have a lot more leverage and potential outsized gains to be had, albeit with a ton of risk if you get in at the wrong time.

It’s a minefield, you can have a great property, but shitty management or vice versa. Local Indians could randomly show up to camps and fuck shit up or go on a wider scale protest (see: Coastal Gaslink pipeline).

So there are similar risks between Reddit/crypto and junior mines, like changing interest rates affecting net present vale and other metrics (Stocks and mining) or dilution and shady management (crypto and mining), but at the end of the day, juniors have property and resources, and having Explorers/ producers of finite goods as a part of your portfolio seems like a good idea in a secular inflationary environment if you ask me. I don’t mind being a contrarian if it means I can avoid Solana/WeWork shit and hit on mining companies before Cannacord or whoever pumps these bags later on.

>>29089717
>He also found a 4,000% gain in the mid-1990s bull market, in which "a $10,000 portfolio with would grow to over $397,000." Presumably this should satisfy you.

(Picture related.)