re: If you could invest in only 1 stock, what would it be?

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GLXY

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Agreed! Nice day today

WTF

Ecolab. They are in everything

OEF or QQQ

If you are a big fan of the S&P, OEF only invest in the top 100, not the bottom 400.

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If you could invest in only 1 stock, what would it be?

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If you want stability, then as others have suggested. S&P500 Index funds or Berkshire

If you are interested in tremendous upside with relative stability, I would go with Perpetua Resources (PPTA). They are a gold and antimony mining company getting ready to restart a major mine in Idaho. I opened my teenage son a Robinhood account and he threw a few hundred into it.

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fact, it's trailing the S&P this year by a good margin. BRKB 10.5 % SP500 14.4%

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the last few months have been tempting to move my funds out of BRKB and place in VOO. Berk may not have the magic forever. But 10% ain’t terrible. But again as you said, I could have 20k more in my account if I had moved it months back.

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A brand new mining company? I see they are pre revenue. Is there any back story?

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Oh man, you're asking for it now!


This mine was the primary source (90%) of antimony for the United States' war effort during WWII and Korea. Perpetua began the permitting process to restart the mining operations in 2017. Since it is on federal land, it took significant environmental (NEPA) studies to navigate. The primary driver is the antimony, which is arguably the most important strategic mineral for industry (semi conductors, metal alloying agent, paint additives, flame retardant chemicals, glassware, etc.). Based on US Geological survey data, it is the largest reserve of antimony in North America. There is also gold and silver deposits there as well. The gold deposits are large enough to fund the capex to build the infrastructure and operating costs of the mine and then the antimony will be pure profit. Perpetua does not own the mineral rights for the silver. This mine is of strategic importance for the military due to antimony being a critical component of small arms ammunition and artillery. Without this mine, the US military will be completely dependent on foreign sources (currently China) of antimony. Perpetua should be receiving EXIM funding any day now and with the current geopolitical climate, I imagine we will be accelerating this project and exempting them from a lot of the bureaucratic processes that hold projects like this up.

Immediate Measures to Increase American Mineral Production

U.S. Army Opens Future Domestic Source of Antimony Sulfide


History of the Stibnite Gold Project


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Albert Hennessy discovered antimony-gold mineralization and staked the first Meadow Creek claims in 1914. Limited activity followed prior to 1927 when development of the camp, roads, hydroelectric and milling operations increased greatly. By 1932, the underground Meadow Creek Mine was a significant operation with more than 80 men working on the mine, mill and ancillary facilities year-round. By 1938, this mine produced more than 50,000 ounces of gold, 180,000 of silver, and many tons of antimony. During the period from 1932 to 1928, the Meadow Creek Mine was the second largest gold producer in Idaho and was by far the largest operation in Valley County. Underground workings extended more than 500 feet below the ground surface. In 1938, the underground mone was abandoned in favor of the recently opened Yellow Pine Pit.

The Bradley Mining Company mill remained in this location even after the underground mine closed. The mill was a pioneer in the use of a floatation process to recover gold and antimony and, later, gravity recovery of tungsten. In 1941, the mill switched to a flotation process for tungsten in order to improve recoveries. For several years in the mid-1940’s this mill produced approximately half of the U.S. tungsten supply and up to 90% of the antimony for the war effort. A smelter was completed in 1949 to avoid the expense of trucking concentrate to the rail facility in Cascade. The mill shut down in 1952 and, by 1958, had been dismantled. Up to 1958, total production for the District (from both Meadow Creek Mine and Yellow Pine Pit) totaled more than 405,000 ounces of gold, 88 million pounds of antimony, 1.5 million ounces of silver and 13.5 million pounds of tungsten.

A second generation of miners (Canadian Superior, Pioneer Metals, Stibnite Mines, Inc., etc.) operated in the district from late 1978 to 1996. Their process plant and on-off heap leach pads were located immediately northeast of the former Bradley mill site. The still-visible heap consists of neutralized ore left by Hecla Mining Company. This ore came from the Homestake area of the Yellow Pine deposit. Production from all operators during this second generation is estimated at more than 581,000 ounces of gold and 149,000 ounces of silver.

Perpetua Resources’ Hangar Flats mineral resource encompasses the former Meadow Creek mine and mill site and the Hecla heap.

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Wow! So UAMY is a smelter and not a miner?
Do you find them equally as important?

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The OP asked for one stock so I was answering the question

To answer your questions, I find both strategically important. UAMY has submitted permit applications to resume mining operations on adjacent property, however their deposits are significantly smaller. I anticipate that UAMY and Perpetua will be working very close with one another and their operations will eventually become completely codependent on one another (but that is speculation on my part).

Perpetua Resources Announces Continued Cooperation with U.S. Antimony

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The Stibnite Gold Project has an antimony reserve of 148 million pounds, making it one of the largest reserves of antimony not under Chinese influence and the only U.S. domestic reserve. The Project is expected to supply about 35 percent of total U.S. antimony demand in the first six years of operations, based on the 2023 USGS antimony commodity summary.

Did any of y’all buy dfli

Half of these responses are equity funds not an individual stock

My answer would be the Mag7 stock that pays the highest dividend with the largest buyback. That way you’re getting paid by the company in two ways while receiving the largest proportion of 401k flows as possible.