Some fly and some dive

What makes one stock rise and rise and another plunge and plunge?  My conclusion is that in the short term, you are dependent on market sentiment.  You can never tell although sometimes logic does prevail.  But the logic has to be very strong.  So SIR finds a rich large lode of nickel and the share price goes through the roof.  However, if you find gold in small increments, then you have to wait until the whole lot is announced before the market even takes notice, like ABU.

The good news is if you invest for the longer term, then the little squiggles of short term trading become less relevant.  So if a stock is worthy of its discovery, eventually, its valuation will show, either in production, hence profit like SFR, BPT or LSA or someone is interested in your assets like for Discovery Metals.

Virtually all my stocks are for long term investment.  I only sell when I really need the dough, when the prospect looks bad (like LYC) or the stock has gone berserk and idiotic buyers are surfacing.  What is most disappointing is those idiotic buyers are sometimes insiders... with good news still not announced yet to the public or ASX.  That is illegal and unfair.