Which stocks to buy to invest in deep sea mining?

07/12/2023 β€’
Which stocks to buy to invest in deep sea mining?

Invest in companies like TMC, Deep-South Resources Inc., and junior mining stocks ARCM and JLP. β€” Despite mixed opinions, more users lean towards the potential of specific companies like TMC and Deep-South Resources Inc., and junior mining stocks like ARCM and JLP for their involvement in the emerging deep sea mining industry.

Stats
48% 103 Reddit
22% 48 Twitter
14% 31 Mastodon
7% 16 Bluesky
6% 12 4Chan
2% 5 Hacker News
52% Neutral
27% Positive
21% Negative
52% πŸ˜ƒ Joy
33% 😱 Fear
13% 😑 Anger
1% 😒 Sadness
0% πŸ₯° Love
0% 😯 Surprise
πŸ˜ƒ
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😑
Story
  1. There are contrasting opinions about whether deep sea mining is a feasible large-scale industry, with some individuals viewing it as an emerging industry with growth potential, and others arguing it's decades away from becoming a reality.
  2. There's a disparity in suggestions on specific stocks to invest in for deep sea mining. Companies like TMC, Deep-South Resources Inc., Deepak Nitrate, Alkyl amines, Supreme Industries, Alkem laboratories, Hindustan Unilever, Pidilite industries, Avenue supermarts, Hdfc bank, HCL technologies, UTI Amc, ITC, ARCM, JLP, MARA, HUT, CLSK, and RIOT are mentioned, while others express doubts or recommend alternative investments such as gold mining stocks or BTC mining stocks.
  3. Some investors express interest in companies that offer support for deep sea mining operations, particularly those with offshore mining vessels.
  4. The belief in rare earth metals as a main attractor for deep sea mining is common, with these metals being viewed as essential for electronics and batteries. However, the need for deep sea mining is debated, with some arguing for new battery chemistries that do not rely on cobalt or nickel.
  5. There are concerns about environmental regulations, financial regimes, and the distribution of profits, fees, and royalties from deep sea mining. The role of various entities, including environmental funds and developing nations, is also highlighted.
  6. Existing mining stocks or mutual funds focused on mining are suggested as indirect ways to invest in the sector. Companies like Newmont, Alamos, Agnico Eagle, Sandstorm, and Osisko Gold Royalties are listed as potential options.
  7. There are allegations of corruption and manipulation within the deep sea mining industry, with claims of buyers and sellers participating in illicit activities.
  8. Some commenters show interest in the financial performance of deep-sea exploration stocks despite previous financial losses.
  9. Various companies related to deep-sea mining or its activities, such as Berkshire Hathaway Renewables, Controlled Thermal Resources, EnergySource, MP Materials, Aqua Metals, and Redwood Materials, are mentioned.
  10. Comments about the past performance and market outlook of certain stocks like TMC, ARCM, and JLP are largely positive, indicating confidence in their growth potential.
  11. A number of investors share their specific strategies, including selling stakes in companies like A.P. Moller-Maersk's or expecting significant gains from stocks like Deep-South Resources Inc..
  12. There is mention of the United Nations accepting applications for deep-sea mining and the extraction of minerals like cobalt, copper, nickel, and manganese from the seabed.

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