Lion to become king of mining jungle

OK @Jimmy I would say start right here with LSX - Lion Selection Group: Website: https://lionselection.com.au/

Hedley Widdup, 4th from left above is the MD and CIO (chief investment officer and portfolio manager) at LSX, and his father Robin Widdup (to his left above) founded the business and is ex-JB Were where he led their mining analyst team.

LSX's latest presso was released just 10 days ago: Download the full presentation here: https://lionselection.com.au/wp-content/uploads/LSX-February-2026.pdf

While I'm not directly invested in LSX, I have a lot of time for Hedley, he's one of the only people I "follow" on LinkedIn (I do not use X/Twitter or Meta/Facebook/-whatevertheyarecallingthemselvesnow) - LinkedIn is the only "social media" I use and I don't use it much, and I have ended up personally owning shares in a number of the companies that Hedley has also bought and holds in the LSX portfolio - more on that correlation under the slide that details their holdings below.

Here are my favourite slides from that very recent February 2026 Presentation (from 10 days ago) - So first Hedley can be a bit irreverent at times, and he kicks it off on slide 3 (after the front page and the two pages of disclaimers) with this:

Interesting take on the old promotional poster (or BluRay disc cover pic) for the 1998 Farrelly Brothers film, "There's something about Mary". I loved that movie!

But the following few slides really explain where we are in this current mining boom much better than I ever could:

I'm skipping some slides here so please click here or on the link below all these slides to view the entire slideshow for proper context and continuity.

OK, of those positions Hedley lists in that slide above that Lion Selection Group (LSX) currently holds, I also currently hold shares in Brightstar Resources (BTR), Medallion Metals (MM8), Antipa Minerals (AZY) and Great Boulder (GBR) and I have previously (recently) held shares in Sunshine Metals (SHN) and SHN have gone up since I sold out (of course!).

He's a pretty good stock picker; being a geologist by trade gives him a solid understanding of the challenges that these sorts of companies face and the potential upside that they may have within their tenements, and he does site visits and meets with management regularly, because LSX run a concentrated portfolio (a dozen companies) and that's all these guys at LSX do, so they know their investee companies very well.

More of my favourite slides:

And the closer:

Slides source (all of them): https://lionselection.com.au/wp-content/uploads/LSX-February-2026.pdf

So @Jimmy I reckon start with a managed fund such as LSX which is a LIC, so a Listed Investment Company, but a LIC that specialises in mining companies like this one does and is heavily skewed to the commodity that is performing best: gold. And a LIC that is performing very well (with excellent returns), like this one (LSX).

As you learn more you may want to pick your own direct exposures, but be aware that the small end where Hedley and LSX invests is the riskiest end of the market. The established producers are way safer, especially the ones with zero debt, high profit margins and big piles of cash, and there are plenty of those around at the moment.

Have a look at the content that @BkrDzn posts here for more on the smaller and riskier end of the market, where stocks can go 10x or bust, or anything in between (or better). I have also invested in a few that @BkrDzn has brought to the table here, like HRZ, and done well out of them.

If you want to invest in some much larger established gold producers like NST, EVN, CMM, RMS, GMD, etc., I have posted heaps of content on those companies here.

If you want to invest in emerging gold producers, like Meeka (MEK, one we both already hold; they have very good management and good ground), then Catalyst (CYL) and Black Cat Syndicate (BC8) are worth a look - and I reckon I've posted some stuff here on them as well.

And if all else fails - have a browse through my Gold as an Investment forum thread - it's got some good stuff in there, and not ALL of it is from me either, Happy Hunting!