Antimony Resources hits all-time high as it prepares for initial resource
- •Hey everyone, Just read this article about Antimony Resources ( full article here ).
- •Pretty interesting stuff, especially with them hitting an all-time high as they gear up for their initial resource estimate.
- •I've been keeping an eye on the critical minerals space for a while now, looking for opportunities outside the usual lithium and cobalt plays.
Hey everyone,
Just read this article about Antimony Resources (full article here). Pretty interesting stuff, especially with them hitting an all-time high as they gear up for their initial resource estimate. I've been keeping an eye on the critical minerals space for a while now, looking for opportunities outside the usual lithium and cobalt plays. My portfolio's already a bit heavy on tech, so I'm trying to diversify, especially with a view to my daughter's college fund in about 10 years. Antimony definitely ticks some boxes as a "future-facing" metal needed for batteries and semiconductors, even if it's not as mainstream. The 10,000-meter drill program sounds substantial, and a Canadian junior company often has a bit less geopolitical risk than some others, which is always a plus.
My first thought is, are we seeing a bit of a run-up based on speculation ahead of the actual resource numbers? We've seen that before in the junior mining space – a lot of excitement, then a correction depending on whether the resource lives up to the hype. I’m wondering if anyone here has dug into Antimony Resources specifically, or has experience with companies at this stage? Is this something you'd consider a "buy the rumor, sell the news" type of situation, or does the critical nature of antimony make it more robust? I’m generally a long-term holder, but I’m always cautious when things run up this fast.
What are your thoughts on companies preparing for their initial resource like this? Is it a good entry point if the fundamentals align, or is it usually better to wait for the actual resource report to avoid getting caught in a pre-announcement pump? Love to hear your perspectives!