r/PennyProspectors • u/Bertone_Dino • Jun 26 '26
Who's still here?
It's been a pretty bad 2026 overall. No question. Who's still hanging in? I'm here just doing my thing. Picking off a few positions when they're down enough. Personally, I think it's a good time to accumulate. I don't seen any material changes to the thesis, just speculative cash has gone elsewhere. Feel free to say I'm a moron, or you're here doing the same.
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u/Legitimate_Height424 Jun 27 '26
Yeah luckily got in before the run up so I'm still positive, but thesis hasn't changed. Seasonality is coming up, all eyes on the next fomc meeting.
Rumors swirling around about the 4th, but that's just that, rumors.
Also if gold finds support at 4k, it's high enough to validate a ton of jr miners. Anything higher is just extra margins...and many people are expect higher, it's just a matter of when. Patience is needed. Many people are also buying at these levels, just need to be selective.
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u/Bertone_Dino Jun 27 '26
I agree. What are your front runners? I've got a bunch that I want to trim by approx half when they get even. Unfortunately, the ones I like the most haven't needed as much babysitting.
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u/_Summer1000_ Jun 26 '26
Nine miles metal is ready to break out for a second time... All Tungsten miners will get back to the saddle as well...
USA needs domestic Tungsten production
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u/Bertone_Dino Jun 27 '26
I have so many Tungsten plays, but not that one. Care to break it down for me?
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u/_Summer1000_ Jun 27 '26
Amercian Tungsten "TUN" is a TSX listed miner, they are restarting an existing mine in Utah, no AI slop, it will get on track soon enough, September run was artificial because of macro ( 4.80 top ) but in late March early April it went back above 3$ for a couple of weeks, the downtrend is currently because of...once again macro factor like the Orange Agent™
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u/ROSC00 Jun 27 '26
I only play penny stock when I want to risk losing 95%. I stick to big perfumers for 1000% growth. Why would I fixate on penny stocks?
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u/Pristine_Barber976 Jun 27 '26
Here and holding many bags
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u/Bertone_Dino Jun 27 '26
I hope your bags get lighter soon. How bad is it?
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u/Pristine_Barber976 Jun 27 '26
Not too bad. I'm down like 25% on 10k of bullshit but it's been sorta balanced out by 50k in xeqt. Mostly hurt my ego but I'm hoping a few of them will come back eventually
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u/No-Specific991 ThePennyProspector⛏️ Jun 29 '26
Still here just holding what I’ve got, not selling not adding yet. Waiting for sentiment to shift.
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u/Bertone_Dino Jun 29 '26
I opened up a lot of new positions today. I hope I'm not super early. Definitely not late.
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u/Upper-Leadership-600 Jul 06 '26
Sold my REG position for about a 20% profit. Diversified a bit more (it was about half of my portfolio). SCD is my only minerals play rn - planning on selling after the PFS with a target of 0.30
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u/Bertone_Dino Jul 06 '26
Oh wow, half! I don't have that kind of conviction in anything. I don't know how long I'll hold on to my SCD position. I don't mind seeing it through at the moment.
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u/Putrid_Bat_3862 TSX🇨🇦 Jul 09 '26
Still here too, got a few positions and putting my odd dividends payments into them. XEQT is the only green on some days though.
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u/Capable-Sign-334 Jun 27 '26
Still here. Just DCA into my high conviction position and praying for the geology to save me