Hello Share Sorters. This old punter has suggested before you look at a mining umbrella outfit called Trident Royalties (TRR). This support has just been bolstered by an encouraging ‘activity report’ for the first quarter of the year.
Hello Share Thrashers. The only sectors looking to be rising in the shadow of the war are mining and oil. Trident Royalties (TRR) has fingers in many mining pies, including gold. It’s share price has been tickling all-time highs but seems stable at the moment. That could change if gold continues to glow. Especially as the company has recently released some good news from the gold fields of California.
Hello Share Scrunchers. Mining being a high risk area, I’ve previously commanded a company that spreads the risk by having its fingers in many mining pies. Trident Royalties (TRR) is on a roll at the moment and I think the trend may continue.
Hello Share Takers. You’ll have gleaned that shares in big miners have been rising this week, helping the Footsie to new 12 month highs. This old punter is wary of mining shares, knowing little about the game unlike my excellent colleague Gary Newman. But mining stocks can occasionally be very rewarding. So instead of putting lots of loot into individual firms, I spread it by relying on umbrella companies like Trident Royalties (TRR).
Hello, Share Hoarders. It’s been a while since I commended Trident Royalties (TRR) to your scrutiny. And since then, like most mining concerns, the share has dribbled away slightly on no significant news. But now the company has posted a trading update that caused the shares to jump by 15% .However I still think there’s room for better.
Hello, Share Moppets. Looking back at my records, I see my biggest losers over many years have been exploratory miners. My immediate thought is that I should never invest in mining tiddlers again. On the other hand, when they do strike it lucky, the rewards can be glittering. One way out of this dilemma is to invest in a company which has fingers in several mining pies.
Hello, Share Followers. If you’re ‘owt like me, you’ll have lost a lot of money in small miners over the years. It’s remarkable how many companies with rosy early prospecting reports never find the treasure they’re looking for. Not enough to make it commercially viable, anyhow. However, on the rare occasions when the ship comes in, a share price can multi-bag in days.
