Thread by @equivestinvest

1/6 Most of the new #discovery announcements and good first holes ends up as a minor discovery.

How to spot significant discoveries as an investor?

2/6 Three steps to follow🪜:

1) Study significant discoveries
2) Study the failed discoveries
2) Learn the essentials of geology

Let's dig in.

3/6 Do the following:
• Select commodity of interest e.g. #copper #nickel #uranium #gold
• Study top discoveries made in the last years
• Look at announcements (grades, footprint, structures, geophysical anomalies etc.)
• Put it into a system

4/6 Study the failed "discoveries".
Ask questions:
• Why did the share price collapse?
• What were the first warning signs?
• How could you exit without loss💰 or even with profit 💵?

5/6 During the study process you will probably arrive at the conclusion that you need to understand more geology.

I run the #Geology101 for Investors course. Only content out there that links geology with investments insights. equivest.capital/geology-for-in…

6/6 So, let's recap what we've learned🗒️:

1⃣ Study significant discoveries.

And remember to do one commodity at a time.

2⃣ Study the failed discoveries. Do this by:
1) Looking for warning signs.
2) Focus on how to book profits.

And don’t forget the #Geology.