Mining stock discussion
Just wondering if any experts out there can give a run down of any benefits of mining stock if you are not casting an eager eye on them long term I hadn’t looked to much into them to be honest and assumed that by looking at the value profiles and because they are rock bottom then massively spike then rock bottom again that they pay out big on finds then the price goes back down.
I read a good article on the link attached but I really value the communities opinions I am mainly thinking for my SIPP so in zero rush for the next 25 years. If I have to hover on the price being at max and sell then maybe it isn’t a great option for me but if it is standard that the stock is “bought out” at a big profit then I am happy even if it is slightly lower than the max of selling say the day before.
Of course I get the risk of nothing being found and happy with that known risk, my worry is missing the peak and being back to square one