U make about 150 K a year in bad times and about 300 k a year in good times. Your shares r worth nothing in bad times but u can sell them in rope a dope rallies every 5 or 6 years. Its a good gig really because 90 % of the time you do nothing.
When your sector gets hot you get to attend some great investor road shows and junior mining conferences in nice cities, staying at nice hotels and enjoy the perks. You travel there with your bag of rock cores and display them, answer a few questions, then u pack up your core sample rocks and go home.
Its better than having to work hard for an actual producing mining company. You can earn a nice living with plenty of time off. All you need is a bag of rocks and an army of shareholders to finance your living expenses. Great gig for a bag of rocks .. to be honest.