The past two years have been a huge opportunity to learn. Kudos to anyone who is still hanging in there. You WILL be rewarded!
@stockup1
7 ай бұрын
Great annual exercise. "We do not learn from experience we learn from reflecting on experience" Nice job
@MiningStockEdu
7 ай бұрын
Well said
@carsonc4134
7 ай бұрын
@@MiningStockEdutrillion energy??
@MiningStockEdu
7 ай бұрын
@@carsonc4134 Trillion was a huge win (from 5c to as high as 62c pre-rollback) for me and many listeners that bought the stock. The past year was an obvious disaster. I hope they can turn it around and make SASB profitable and prove an onshore oil discovery. Always take profit when you are up big in the natural resource sector as you never know what disappointment is around the corner. I've had a number of huge wins become huge disappointments so protect your profits. Listen to my last monologue re: Five Reasons Junior Mining Investors Fail. Wish you all the best.
@carsonc4134
7 ай бұрын
@@MiningStockEdu when will you have Art back on to explain his reverse stock split?
@carsonc4134
7 ай бұрын
@@MiningStockEdu and what is the explanation for the past year being an “obvious disaster”
@NNNN-cw7xn
4 ай бұрын
WOW !!!! thank you...I needed this :) Also loved the story about your mom working so hard to provide for you. Those of us that have been poor see the world a little differently :)
@jamesmcmillan2656
7 ай бұрын
I started investing 5 or 6 years ago and invested in companies my friend recommended. Of course they all failed. In the last 2 years I’ve taken responsibility and research for 2 or 3 hours a day. Since then I have had success and can sleep at night knowing I have done my due diligence and should things go pear shape I’m out.
@flemlock942
7 ай бұрын
These points are all so valuable. Especially the points on dilution, so destructive to a shareholder who otherwise would be happy to hold a stock long term.
@jhaus8523
7 ай бұрын
Thanks Bill, your teachings are making a difference to many people. Well done on your success.
@TT3TT3
7 ай бұрын
Mining has such a bad reputation tho' any folks left in "dumb retail" that haven't already been burned? Thanks! Great piece. Happy 2024🎉
@MiningStockEdu
7 ай бұрын
New dumb retail will predictably come flooding back into the sector when it turns hot again. Human behavior is quite predictable. Cheers!
@christianrubbert5486
7 ай бұрын
Thank you Bill, for sharing your approach to junior mining.
@EssittoRusko
7 ай бұрын
love these yearly recaps/guidances bill. Top man. 🔥
@mkusoda
7 ай бұрын
Thanks for the video Bill. Funny at 24:48 "You don't have to be the smartest guy in the room, but you have to be smarter than the others."
@darylerica
7 ай бұрын
Thanks Bill, the most real information out there. I'm sorry to hear of your trailer experience. Work for Ontario Parks and live in a fifth wheel all summer and love it. I have learned though that when it gets down, its all you need to be happy. Have learned to blame myself for my investing failures in this sector and now that I have, I'm loving the challenge!! Timmins area rocking with activity and mines scrambling for staff.
@hirosato1548
7 ай бұрын
Really nice lessons that seemed hard earned. I really liked the last one on the nature of money, which isn't talked about too much on these types of podcasts. Great stuff.
@kevingartling4311
7 ай бұрын
Health and wealth to you and everyone here Bill!
@robrol8365
7 ай бұрын
Have been accumulating a canadian junior copper stock since the last 10 years, 2024 could be the year for a huge profit, buy a big among of shares at low prices, sit on it and wait for pay day.
@lvx2011
7 ай бұрын
Thank you Bill for your generous reflections. Your last reflection about money touched me deeply. Thank you.
@drslumpi
7 ай бұрын
thank's Bill !
@shawnpmartin77
7 ай бұрын
Very nice thank you
@toppersunglasses9288
7 ай бұрын
Excellent work
@constantinemandylas715
7 ай бұрын
Great video. Thank you.
@NiklasMatteo
4 ай бұрын
Thanks for the valuable lessons, Bill! 💡 How about exploring Cobre for your next video? Their approach seems promising and could offer some fresh insights. Keep up the great work! 👍
@JHatLpool
7 ай бұрын
I always suspected point 7 was true ! (Thanks Bill, for confirming.)
@josepha9313
7 ай бұрын
Things I am changing: started shifting away from pink sheets and OTC and to Jr's listed on the NYSE; liquidity; sometimes you can't get out (even with a loss) at the price you want. Bashers: what about when ppl claim to own millions of shares, or short millions of shares on chat boards: I am skeptical. If they had such deep pockets, why would they be in a chat forum. Your last point was the best: wealth, earned or not, should not change who we are as people. Try to be generous to others...and Happy New Year...
@joaquincortada1483
7 ай бұрын
My biggest flaw is holding my losers and not selling when up big because I got greedy
@kylepage4900
7 ай бұрын
Bill, in regards to 2023 I am very curious what your thoughts are on Trillion Energy. A sequence of bad news really hammered the stock this past year. What lessons can we learn from Trillion? Am I fool for averaging down in 2024? Great episode, thanks.
@MiningStockEdu
7 ай бұрын
Trillion was a huge win (from 5c to as high as 62c pre-rollback) for me and many listeners that bought the stock. The past year was an obvious disaster. I hope they can turn it around and make SASB profitable and prove an onshore oil discovery. Always take profit when you are up big in the natural resource sector as you never know what disappointment is around the corner. I've had a number of huge wins become huge disappointments so protect your profits. Listen to my last monologue re: Five Reasons Junior Mining Investors Fail. Wish you all the best.
@thingsandsuchandthelike
7 ай бұрын
It's a pump and dump and Art is a scammer. Touting no more dilution multiple times on your channel, only to sell his own shares and dilute exponentially. be careful of the Scam companies touted on this channel. @@MiningStockEdu
@robertdagge200
6 ай бұрын
Not sure I agree with point 4. If you pay someone thousands of dollars because you don't have time to do your own tesearch, you expect results on their advice. Those guys advising Pure Gold, Aurcana, Liberty Gold, Integra etc etc were plain wrong and should not be taking clients money. Clients were paying big bucks for results, not bucket-shop tips
@robrol8365
7 ай бұрын
Hi Bill, with how much money did you start and when ?
@MiningStockEdu
7 ай бұрын
Tens of thousands in Jan '16. Those funds alone did not get me to where I am today though. I've injected more of my own money into my portfolio over the past 8 years to get it here. Cheers.
@xlargetophat
7 ай бұрын
You never lose if you never sell. That's my psychology. Only bet on mines that will be built. Not pie in the sky.
@johnvandegraf2000
7 ай бұрын
the most mining ceo are gangster most importent lesson ,aurcana ,alexco ,gatos ,i get burn everywhere, never again.
@taylorthompson1930
7 ай бұрын
Almost pulled trigger on correlate. Kicking myself for not.
@user-dg3rs1cs1f
7 ай бұрын
I have a question I hope you or one of your viewers can help me with. Ive been trying to get a grasp on how much marketvalue one can expect compared to companies DFS or PFS. Lets say a company has a positive DFS of NPV 200 mil USD and a mine life of 10 years. How much marketvalue can one look forward to as of the mine starts production? I know there are many varibles, as NPV can be misleading of value esp. over longer lifetime mines. But as of now I for instance have shares in a company that is worth 19 mil USD and have a mine that is going into production early 2026 with all permits on hand. All it needs is the last funding which should come in as there is already an offtake agreement with anglo american and a bit of monitary funding from them aswell. Would a marketcap rise to what would be 1/4 or 1/3 of the NPV when the last investment has landed? That would give somewhat a normal return over the 10 year period.
@MiningStockEdu
7 ай бұрын
The market does not love developers who are at the bottom trough of the Lassonde curve right now. If the market gets hot again, you could see a .6NAV valuation but make sure to factor in ALOT of share dilution to fund the CAPEX.
@user-dg3rs1cs1f
7 ай бұрын
@@MiningStockEdu Ok I see thanks a lot for a swift reply! Do you have any experience of the ratio of loan/equaity when it comes to funding? I could imagine the loan part would be higher when there are bigger players involved as banks would be more willing to lend.
@MiningStockEdu
7 ай бұрын
@@user-dg3rs1cs1f Look at Bunker Hill Mining's financing of their Idaho silver-lead-zinc mine for a recent capex financing example.
@user-dg3rs1cs1f
7 ай бұрын
@@MiningStockEdu Ahh cool.. From what I can see thats a about 50% equity financing stake yet at a much higher price for 20% of it. How come there is such a willingness for royalties of revenue from the point of mining owners? I would imagine a revenue royalty compared to portion of the profit has a much risk of making a mine non-profitable...
@nolanofeast
7 ай бұрын
What company were you talking about at the 23 min mark?
@bainbridge297
7 ай бұрын
I'm pretty sure it's MCF.V
@renjit9044
7 ай бұрын
Would be nice if you let us know what your portfolio is.
@MiningStockEdu
7 ай бұрын
It is better to learn to fish than to be given a fish. All the best.
@renjit9044
7 ай бұрын
@@MiningStockEdu Good Point, why not make a video showing the trade decisions you made to turn 10s of thousands into millions? I'm just curious because the whole mining sector has been quite difficult for many years.
@MiningStockEdu
7 ай бұрын
@@renjit9044 The last 3 years I made good money in oil and gas. If I stayed only in mining stocks only it would have been brutal.
@renjit9044
7 ай бұрын
@@MiningStockEdu I’m sure many would love to hear how you did it but up to you if you want to tell the story
@johnvandegraf2000
7 ай бұрын
i buy i -80 goldand now i wait becouse its qulaty ,, i burn so much money with silverstocks ,will not happen again
@Lightmr23
7 ай бұрын
Thank you Bill. for sharing your stories with us! thank you!
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