A lot of common mineral sense can be learned through the process of staking a claim or acquiring a mineral lease or patented mining claim. As well, doing research in the courthouses for mineral deeds one can see the history of ownership. By owning a few, it is learned how geologists, patent buyers, prospectors, mining deed research firms contracted by mining companies etc, how they seek out mining properties thereby giving one a feel for the demand and interest in such mining properties. I've witnessed this for five decades now. Many mines and claims do go for decades, some centuries before being developed or changing hands, some quite often.
Technology improves, brings changes in demand, opens new markets. What has been seen of late is the push for EV's where many past gold and precious metal mines and even coal properties are now being sought after for the rare earths or mineral contents that were not economically feasible, or even known in the past. Technology advancements make many things possible that were once not even appreciated. I've seen many properties some of which I worked in down in the ground, that went from silver or gold producers then to lead and zinc for war efforts, back to silver, then abandoned and re-opened for moly, then abandoned due to green weenies, then reopened for copper, then closed for market conditions, and now talk of re-opening for the moly and rare earths....all since the 1880's! What appears not worthy today can be a literal gold mine tomorrow. North Bay Resources property portfolio is worth far more than the present price per share and someday will see appreciation. IMO it is a great buy and hold where no matter what happens, the risk versus return is good .... could be great even in the near term. A bit of good news and the pps will run high like another miner in Vancouver wanting the copper property. Yes, a long term hold...certainly a winner. $NBRI$
Bullish
