Where do you think we are in the mining cycle?

Investing and Markets 📈
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I recently read this article about the mining cycle which I think is at least worth a skim if like me your new to investing in the space. This is my first time around the clock, so I’m interested to know where more experienced investors think we are in the cycle?

Anecdotally I have seen a shift in the amount of money flowing into explorers. A while ago I started testing out a strategy of buying any ASX Gold, Copper, Nickel or Lithium minor that announced a strike at the start of ASX trading and setting a limit sell at +30%. Even a couple of months ago this would be hit within hours of the ASX opening, but in the last couple the tide has turned and I now find myself ducking out with a small (or largeish!) loss. I’m not too worried about that, as I only started experimenting with fun money. My real concern is that is shows their is less money and exuberance flowing into the sector in general.

So on the mining clock i’m saying about 11PM… What about you?

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Interesting discussion @tubby_rokes

Feels like a year later we are in the early hours of the morning. The last boom has gone and industry is having a wee lie down.

We know morning will come and there will be a need to get booming again for a new generation of tech harware and industrial projects.

So maybe its 3am on your clock.

Question is, will the early bird catch the worm, or is it better to have a long lie in and wait until things pick up a bit? Only time will tell.