You go on vacation and "miss" the biggest gold/silver run in recent history and yesterday's probably biggest silver crash in decades!

Until the day before yesterday, I had the best start to a new year on the stock market since I started trading. Up 120,000 euros or almost +10% within a few weeks. And on Thursday + Friday, the market went down again with the biggest daily losses ... -90,000 euros in two days. Both extremes right at the beginning of the year! But in the end there is still a small plus 😉

👉🏻 January:

Start: 1,336,908 euros + 400 cash

End: 1,368,240 euros + 100 cash

Deposit: 2,000 euros

Profit: +29,032 euros (+2.17%)

It will certainly come as no surprise to you, but the high volatility in the portfolio is due to the high weighting of my gold mining shares. When precious metal prices rise, you benefit particularly strongly, but you are also at the forefront on the downside. K92 Mining ($KNT (-7,83 %)), Equinox Gold ($EQX (-10,37 %) ) and Euro Sun Mining ($ESM (-5.12%) ) have all lost double digits in two days. But the bottom line is that we are still higher than at the beginning of the year! 👍🏼

Apart from that, there have only been minor changes in my portfolio. Among other things, I bought $SAP (+0.64%) Ubisoft $UBI (-6.5%) (see post) and PayPal $PYPL (+0.11%) . I sold my position in $DTG (-0.11%) (Daimler Truck) and partially sold $PUMA (-0%) and Accenture ($ACN (+2.23%)).

Despite the turbulent end to the week, I am satisfied with the start to the year. I have already realized around 5,000 euros in capital gains (including dividends). I hope that the pace will pick up a little more, but let's see. You shouldn't get too greedy! 😊

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 44.5%.

I hope you've also had a good start on the stock market and have weathered the upheavals on the gold/silver market well!

See you in a few days! 😊

First things first. I hope you all had a peaceful Christmas season and were able to spend a few lovely days with family and friends! 😊

Even though December isn't quite over yet, I'd like to give you a quick update on the past month before the new year and take a brief look at the performance since I started at getquin in September.

👉🏻 December:

Start: 1,253,497 euros + 19,000 cash

End: 1,336,908 euros + 400 cash

Deposit: 3,000 euros

Profit: +61,811 euros (+4.86%)

As in previous months, the portfolio benefited from the continued strength of gold in December. The overweight in K92 Mining ($KNT (-7.83%)), Equinox Gold ($EQX (-10.37%) ), B2Gold ($BTO (-11.35%) ) and, more recently, Euro Sun Mining ($ESM (-5.12%) ) has contributed significantly to the good performance. My sale of SantaCruz Silver ($SCZ) (-12.01%) in November, on the other hand, unfortunately proved to be an expensive mistake. I lost 50% of my profit, but as you know, you're always smarter afterwards and who could have guessed that silver would go through the roof like this.

Otherwise, not much has changed in my portfolio. I have now fully reinvested the 19,000 euros in cash. Among other things, I have taken an initial position in Vonovia ($VNA (-1.13%) ) and Zalando ($ZAL (-0.84%) ). I have also added some Ubisoft ($UBI (-6.5%) ) and Fuchs Petrolub ($FPE (-0.75%) ). I only took profits on Puma ($PUM (-0.8%) ) and significantly reduced my position here when the share price was driven up again by takeover rumors.

As already mentioned, an extremely successful stock market year 2025 comes to an end tomorrow. The performance alone since I started with getquin in September has left me surprised. I wish every year was like this, but ... well. It will probably remain a pipe dream, but I'm all the happier for it! 😊

👉🏻 September - December:

Start: 1,022,339 euros

End: 1,336,908 euros + 400 cash

Return (adjusted): +235,305 euros (+21.39%)

A large part of the performance is of course due to (mainly unrealized) price gains, especially in my two largest positions (K92 Mining and Equinox), which now have a very high impact on the overall performance due to their size. However, other trades have also played their part. For 2025 as a whole, I expect to generate around EUR 115,000 in realized capital gains. Of this, around EUR 20,000 is attributable to dividends received, EUR 20,000 to trading profits with K92 Mining and other various gold/silver mines and around EUR 75,000 to the remaining shares (e.g. Alibaba, Xiaomi, Volkswagen, Porsche, 1&1, Ceconomy, etc.), to name just a few.

I am aware that the main ingredient for such a performance is luck (or inside information). Since I don't have the latter, let's agree on luck... 😉

For this reason, I am setting my targets for 2026 correspondingly lower. My main goal is always to receive around 5% of my assets in the form of investment income. Based on today's values, this would mean a range of 70,000 - 90,000 euros. I no longer set myself a target for my total assets. Although my salary can be planned, it is of secondary importance in the overall picture and, as we all know, you can't plan for price gains on the stock market... 👍🏼

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 44%. 😊

So, enough chatter. I wish you all a happy new year, happiness, satisfaction, health and, of course, success on the stock market in 2026! 🍀

Enjoy the quiet time! I'm off for 3 weeks in the sun and then I'll see you again at the end of January!

See you in a few days! 😊

Almost exactly a month ago, I posted here for the first time about Euro Sun Mining ($ESM (-5.12%) ) for the first time. I see it as a promising bet in the mining sector... well many see the company as a scam and were accordingly critical, but so be it. Reason enough to take another look at ESM and its performance! 😉

🔎 A short recap...

Euro Sun Mining is a Canadian listed mining development company focused on the development of the Rovina Valley project in Romania. The focus here is on the mining of copper and gold.

The company has actually been trying to get this project up and running for years... so far unsuccessfully. This was partly due to local opposition over concerns about environmental impact and the resulting revocation of an environmental permit that had already been granted.

... and where are we now?

• Completion of the EIA (environmental assessment) completed, submission in January
• Objections from various NGOs to the strategic classification of the project under the CRMA by the EU completely rejected as unfounded
• Conclusion of a Binding Off-Take Agreement in the amount of USD 200 million with Trafigura

For us (or anyone invested in ESM), each of these steps means further de-risking. Of course, there is still a long way to go before we have a mine, but ESM has never been in a better position than it is today to finally realize this project. In addition to the political back-up, the financing has now also been largely secured. Now it is a matter of obtaining the missing permits.

Where does the share stand? 📈

Since I joined the company just over a month ago, the share has moved upwards bit by bit. In the meantime, it has gained 30%. I believe that the share still has considerable upside potential with further good news, but as is the case in the mining sector... nothing is guaranteed! 😉

But I'm very excited to see how things will continue here next year! Are any of you still involved $DE000EWG0LD1 (-8.42%) ?

It was announced today that the European Union has rejected all complaints from NGOs against the granting of CRMA status as unfounded.

For Euro Sun Mining $ESM (-5.12%) this is a very important step, as the risk at European level is now virtually minimized. The EU is thus fully behind the project and the CRMA status.

The share is reacting positively accordingly and is currently up a good 10%.

The real game changers are, of course, the granting of the EIA approval and the construction permit. I expect the EIA to be submitted in the course of this year.

As always with explorers, everything is always associated with a high level of risk, but I see a clearly positive risk/reward ratio for Euro Sun Mining, which has improved a little since today.

November was once again a classic "rollercoaster month" - with a fortunately positive outcome. We started with a portfolio performance of -3% and then rose to +5% in the middle, then fell again to -2% and closed the month with around +8%! For the portfolio, this means that we have reached a new all-time high! 👍🏼

Start: 1,148,200 euros

End: 1,253,497 euros + 19,000 cash

Deposit: 30,000 euros

Profit: +94,297 euros (+8.2%)

Once again this month (as in October), my two gold positions were mainly responsible for the volatility, as they now account for 44% of my portfolio - but hey, I'm still convinced that there's a lot of potential in these stocks. So the rollercoaster will continue... 🎢

One of my less heavily weighted mining stocks, $SCZ (-12.01%) SantaCruz Silver Mining, I sold completely on Friday after disappointing quarterly figures. Although the share is being driven by the strong silver price, this can quickly go in the other direction if the support falls away. The bottom line was a gain of +12% after only 6 weeks. We can be satisfied with that. I only have a total of 4 mines left in my portfolio: $KNT (-7.83%)
$EQX (-10.37%)
$BTO (-11.35%) and $ESM (-5.12%) .

Otherwise, I used the month to buy stocks that had fallen out of favor but that I am still convinced of. These include $PYPL (+0.11%)
$NOVO B (+0.66%)
$1810 (-1.86%) (Xiaomi) $GLJ (-3.49%) (Grenke), $LXS (-1.47%) and $EVK (+0.58%) have been. Novo-Nordirsk in particular presented a great opportunity a few days ago when the share price briefly plummeted by 10% without justification. 📉

At the same time, I was also able to realize a few profits. I took the opportunity to sell some of my Puma shares after the takeover rumors and at the beginning of the month I also sold Lufthansa, BHP Billiton and a small amount of Western Union (which has already been bought back at a lower price). 📈

I currently hold 19,000 euros in cash again and am waiting for the next opportunities! 💵

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 42.3%. 😊

Let's see how November turns out. As always, it remains exciting!

Euro Sun Mining has already had an eventful (in part unsuccessful) history. But I believe that the chances of a happy ending and a potential tenbagger have never been as good as they are today... 📈

Who or what is Euro Sun Mining?

Euro Sun Mining is a Canadian listed mining development company focused on the development of the Rovina Valley project in Romania. The focus here is on the mining of copper and gold.

The company has actually been trying to get this project up and running for years... so far unsuccessfully. This was partly due to local opposition over concerns about environmental impact and the resulting revocation of an environmental permit that had already been granted.

...and what has changed? 🤔

You have to thank the EU here. Caused by the war in Ukraine and the dependence on China, the decision was made to promote the extraction of strategically important raw materials. To this end, the Critical Raw Materials Act ("CRMA") was brought into being.

Essentially, it is intended to help optimize the approval process for these strategic projects and subsequently speed up the process. It should only take 12 to a maximum of 24 months from application to full approval.

... and of course the Rovina Valley project was classified by Euro Sun Mining as a strategically important project, otherwise this post would have been superfluous! 😉

The latest news about Euro Sun Mining 🔎

There were three important news items last Friday...

👉🏻 The CRMA has been incorporated into Romanian national law:

With the transposition into national law, Euro Sun Mining can now officially apply under the terms of the CRMA and benefit from the shortened authorization procedures, which should happen in the coming days...

👉🏻 The Environmental Impact Assessment (EIA) has been completed:

After failing two years ago, the (new) management has made improvements. In close consultation with the Romanian authorities, the shortcomings have been addressed and (hopefully) rectified. Once the report has been completed, the above-mentioned application can be submitted.

👉🏻 Appointment of Cantor Fitzgerald as financial advisor:

The focus here is on "valuating potential strategic transactions involving the Company or its assets, including mergers, acquisitions, or sales"... is a merger / sale possibly being prepared here?

My final assessment 📊

To cut a long story short, Euro Sun Mining is a bet I'm making. I am currently already invested with an initial 15 thousand euros and am considering topping up again tomorrow.

The arguments in favor of Euro Sun Mining are

• Confirmed NPV according to definitive feasibility study ("DFS") at a gold price of $3,300 dollars of 1.8 bn dollars.
• Closed off-take agreement (financing commitment) of 600 million to realize the project.
• 
  Tailwind through CRMA
• High insider purchases and partnerships (e.g. Cantor Fitzgerald) indicate optimism among insiders

Speaking against Euro Sun Mining:

• High risk with regard to granting of permits. Even if the CRMA and general geopolitical developments promise a tailwind... it is not a guarantee. And everything stands and falls with the approval
• Implementation risk. Even if all permits have been granted, the mine must first be built. Although the financing is in place, the construction of a mine is complex and often involves cost overruns and delays.

👉🏻 Overall, however, the risk/reward ratio outweighs the reward for me. The current market capitalization is currently 90 million. In the best-case scenario, the share could increase twentyfold based on the (conservative NPV).

It remains a high-risk/high-return play. Over the next few weeks, further news releases should provide excitement. The biggest uncertainty factor at the moment remains the environmental permit. If this is granted, it will mean massive derisking, but then the share will no longer be available at 15 cents... 😉

$ESM (-5.12%)
$DE000EWG0LD1 (-8.42%)

Best wishes and good business!

Opinions are divided when it comes to gold. Some don't believe in gold at all, others swear by it (but only physically in a safe) and still others - like me - invest in gold mines... 😉

I kind of fell into mining like a hero. It started in 2018 when I got a "tip" from a forum that I should take a look at K92 Mining. At the time, it was an unknown explorer who had just bought a disused mine from Barrick.

Long story short ... I probably had more luck than sense. Today, K92 Mining is on its way to becoming a Tier 1 producer and one of my largest positions. That was the beginning. Since then, I have invested speculatively in explorers from time to time. Some with an almost total loss, others with a "ver-x-fold". But the bottom line is that they are very profitable.

Over time, of course, I have also become interested in gold and now consider it an indispensable part of an investment. Whether it has to be in the form of mines remains to be seen.

For me, gold is one of the best ways to protect your money from inflation and to achieve a certain stability in your wealth accumulation. What do you think? 🤔

$KNT (-7.83%)
$EQX (-10.37%)
$ESM (-5.12%)
$OLA (-11.65%)
$BTO (-11.35%)
#gold