In the late autumn of 2015, we set out from Sevilla to walk north for as far as we could, before the weather turned cold. On the fourth day we reached the small village of El Real de La Jara. It was my second time of walking north from Sevilla. The place where I previously stayed was not available, but I was able to reserve Hostal La Encima.
It turned out that the hostel was out on the edge of the village, in an industrial area, an unlikely site for pilgrims. As we tramped past factories and warehouses, we started to wonder if we had made a mistake in our directions. But there it was, at the far end of the road.
There was a bar connected to the hostal with extremely friendly and hospitable staff. We obtained our room key, and after a refreshing cold beer, we went to our room, via an adjacent entrance door. And that evening we ate a delicious plate of garlic shrimps and drank a bottle of local wine at a table on the pavement, sitting under the stars.
The next morning breakfast was served in the common area that ajointed the rooms.
I struck up a conversation with the guy who served the breakfast and I commented that it seemed to be a strange place for a hostal, rather far from the tourists and pilgrims. He said that most of their clients were connected to the mines or to the industrial area. I was not aware that there were productive mines in the area. I learned something new.
In late 2022, my investment research produced Atalaya Mining (ATYM) as a firm prospect. When I got into the details, I found that their main copper mines were just north-west of Seville and they had promising discoveries in both Galicia and in Sweden. Now I don’t know if ATYM has ever been a client of Hostal La Encima, but my gut feel was that this was a good one. I made a substantial investment in AYTM.
As of today, that investment has increased by more than 165%.
I believe that successful investment is a combination of skill and luck.
It helps that I have always been a lucky guy.
The Irish Rover 