This sector you've never touched is a 10-bagger. [DD]
Posted: Feb 16, 2025
- Mining stocks are currently at decade-lows with little investor interest, presenting a potential opportunity for significant gains
- Characteristics of a 10-bagger stock include left-for-dead prices, little investor participation, and ridiculous potential for growth
- An example of a potential 10-bagger mining stock is B2Gold ($BTG), which has strong growth prospects and is undervalued
- Other opportunities in the mining sector include individual small-cap miners, junior miner index, individual large-cap miners like BHP Group ($BHP), and Metals & Mining ETFs like $PICK and $COPX
- The post author is long on several mining stocks and ETFs, demonstrating their belief in the sector.
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - Many comments express skepticism about the viability of mining stocks as a '10-bagger' opportunity, questioning the author's analysis and sharing negative personal experiences. There is acknowledgment of a potential bullish run, but also significant doubt and caution in the comments. Summarized comments: - Mining stocks are considered undervalued and are anticipated for a significant bull run with potential 10x gains - Author is long on several mining stocks and ETFs, despite showing losses YTD - REMX is believed to be overvalued due to electric vehicle hype - PICK is considered a broad play but still speculative due to dependency on commodity prices - Technical analysis is questioned as author is losing on most of the current plays - Gold is at an all-time high, while mining companies are at all-time low - Some skepticism exists whether the sector will actually deliver on bullish projections - Mention of past personal experience with a mining company leading to bankruptcy is highlighted as a cautionary tale Stock tickers discussed: $BTG, $GDXJ, $BHP, $PICK, $COPX, $GDX, REMX, JNUG
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