>>20794348Many of my holdings are junior miners, which is also why I have so many positions as it is a way for me to diversify my risk and timing. But I am very selective in stock picking juniors and have to at times admit my mistake and sell at a loss when the results or technicals signal that I have been wrong. Junior minors are cute but 3D is pig disgusting. I think oil prices will remain at least elevated until a recession inevitably comes, though I don't know when a recession will come. Maybe next year at the earliest. High oil prices will incentivize companies to invest in grid connection to reduce energy costs where feasible, last few years have shown that +$100 oil can be destructive for margins, though thankfully such high oil prices are unsustainable when all the junior oil shitcos will be able to get +100-200% IRRs per well when they usually are bare able to break even at $70. My favorite shiny rock is gold because I think gold is cheap, and I understand gold projects and operations fairly well and I know where the best opportunities are in gold (Africa)
