Mining Stock Education · Thursday, September 17, 2026
The mining business, particularly junior and micro-cap stocks, presents opportunities for substantial returns, potentially 10-for-1, due to the high value of discoveries relative to exploration costs. However, this potential is accompanied by significant risks, with the possibility of rapid and substantial losses if due diligence and disciplined selling are neglected.
“The mining business is one that generates gigantic wealth. You know, a good drill hole that converts might cost 50 or 100,000 dollars and it might discover something worth a couple of billion.”
“There is no sector that I know of that has offered up as many predictable circumstances where there was the possibility, certainly not the certainty, but the possibility of 10 for one returns as there is in small cap and micro cap mining stocks too.”
“Concomitant with that, if you don't do the work, or even if you do do the work and don't discipline yourself on the sell side, there are very few places in the world where you can lose as much money as quickly as in mining stocks too.”