Member Info for 28jaczar01

Interestingly Black Rock Petroleum Company is getting involved in Bitcoin mining. I wonder could ARCM be an under the radar crypto currency stock to add to their copper assets…..

Probably it’s worth a shout out for this news awareness over on the favourite crypto stock chat boards such as Argo blockchain etc, if we get confirmation from ARCM for this holding in BKRP shares after the RNS mentioned 31st Dec 2021 date and Bitcoin sentiment is next time pumping.

https://www.globenewswire.com/news-release/2021/07/15/2263800/0/en/Black-Rock-Petroleum-Company-Announces-Bitcoin-Mining-Agreement.html

Blade…….There was no ridiculing for you selling at 19p because you have never previously stated that value as your sell price. I recall you had stated having a sell price of 15.33p.

The Company has recently raised working capital funds at a price of 15p which can be expected to provide a strong floor to the share price going forwards. Anticipated new Contracts award announcements in early 2022 should lead to further upward re-rating in the Company value.

That’s a 47% price rise over the pond currently….

https://ceo.ca/omi

Welcome on board K3VMC….It’s a much calmer posting board here right now versus the other crypto one that we both frequent. I guess when RGO multi-bags we will then likely have to suffer derampers likewise on here. I can live with that….LOL.

Shocking MM games…..

This news is excellent timing to get it done and dusted prior to the holiday period. They can really hit the ground running for quickly progressing towards revenue generation with the newly awarded Latin America Contract and to demonstrate having a strong balance sheet to other new customers currently being lined up.

Dicko123, actually for the warrants 50% of them are exercisable at 17p (valid for 2 years) and the other 50% are exercisable at 19p (valid for 3 years), so that looks to be even better terms.

The RNS from PIRI and RGO issued this morning were summaries of the Pluto news. It’s well worth reading the full news release from Pluto located on their website. Link below.

https://plutodigital.medium.com/pluto-enters-the-play-to-earn-crypto-games-market-37e5b8885529

IMO one of the purposes for this news release from Pluto was to positively set out their stall to the Market in readiness for upcoming IPO news early in the new year.

The Pluto update could be them nicely setting out their stall to the market ahead of IPO news early in the new year.

A good thing with Pluto is that as well as having their own direct media outlets (website, Twitter, etc) they also get indirect publicity via RGO, PIRES and ARB who are all having a piece of the pie and so their news gets spread widely into the market. It bodes well IMO for there being significant interest in the IPO especially if they can time it just right within the crypto cycle positive sentiment.

Lots going on with Pluto…..

https://www.lse.co.uk/rns/PIRI/update-on-investment-in-pluto-digital-assets-plc-e1qyjy6y4r6vnel.html

Hmmmmm……Interestingly not showing up on the LSE risers board.

Bit of fun at Blades expense here, which looks justified based on him speaking with fork tongue posting history in the past month or so…….Suggestions welcome here over the weekend for:-

1. Blades new car brand based on his early cashed in TRAC profits and envisaged taste.

and

2. What dream car would Blade have got if had stayed a LTH into 2022 and beyond.

I’ll kick start it off with :-

1. FORD PROBE
2. PORSCHE 911

Just been studying the contents of today’s excellent RNS and whilst there will have been an NDA in place that has limited the amount of details that could be provided, I believe one particular section of the RNS wording could be giving us some subtle clues, as follows:-

“The customer is a Latin America consortium of five leading local companies which provide data information to the port authorities for a major regional port in Latin America…………….The consortium will assist port authorities to track and monitor goods in transit and to increase taxation revenues”

To have a consortium of five Companies providing data information to the Authority points to there being highly complex operations involved at this MAJOR REGIONAL PORT. Furthermore that they particularly mention the tracking and monitoring of goods in transit and to increase taxation revenues would point to them having a particular focus on the transit aspect of the goods and hence perhaps a “right of passage” related taxation aspect.

Well to me these aspects are pointing towards it being potentially related to the Panama Canal, whose major container Port is Colon. This if true would be massive news as it is one of the two most world renowned shipping transit routes along with the Suez Canal and to be associated with it would be a huge reference for TRAC going forwards into securing further worldwide Contracts.

I shall use some time during this weekend on Google to try and see if I can make a link to local companies active with providing data services to the Panama Canal / Conon Port, but unfortunately I don’t read Spanish so will need to rely on finding something written in English.

Hope these thoughts are a catalyst for others to contribute to this thread and hopefully expand upon it.

Nicely rebounding since FED news

No….It would likely be news of Trevor dumping (previous example as linked)….

https://polaris.brighterir.com/public/nano_synth/news/rns/story/rnp8pkx

I don’t see any relevance for the November average BTC price when the 125 bitcoins holdings growth had happened within October period as per RNS.

The final outcome on this subject will hopefully be established when the next monthly operational update is published. Until then we both have our different opinions as voiced today and so let’s agree to disagree. The end for now…..

Chaebol,

The assumption that the cash value being provided by Argo should match with the BTC amount being provided by Celsius is another aspect that was being made by various BB posters back on Wednesday. But IMO there is no sensible logic to make this assumption as there would appear to be no beneficial purpose for the two parties to be exchanging an equivalent “value” of BTC and USD, as the nett gain by either party would be zero. Seems pretty pointless to me!!

Anyway just for argument sake if we entertain this assumption……During October 2021 the BTC price ranged from a low of circa 48K on 1st Oct upto a peak of 66K on 19th Oct and it dropped back a little to 61K by the end of the month (31st Oct), hence the monthly average BTC price was up in the high 50’s. However for 125 bitcoin to match up with 6.3 MUSD the BTC price value being taken would be down at 50.4 K. So when doing these 125 & 6.3 sums although they seemingly look quite closely matched, actually there is a fairly significant 15%+ mismatch when using the monthly BTC price average, which is what Argo typically employs when doing their financial determinations.

So in closing, this matter to me is not clear yet and as I said in my previous message we will hopefully find out officially in the next monthly update if we see another significant growth jump beyond the production amount in their overall BTC holding.

Back on Wednesday when the Celsius settlement related RNS was published there were several BB posters who messaged with their assumption that the BTC amount provided to Argo by Celsius as part of the settlement reached was 125. This value being taken from October operational update (published 8th Nov 2021) where the monthly growth in Argo’s holding was 392 versus their monthly production of 167, thereby giving the numerical difference of 125.

I have been thinking about this matter over the weekend and it could be that this assumption is not correct and instead we have yet to see publication from Argo of the growth impact for the Celsius BTC handover to Argo.

PW briefly mentioned about the extra October BTC in the Blonity interview video at the 23 minute mark (link below) and he was quite coy about it, but you were still left with the general impression from what he said that it was a purchase related growth to their holding.

https://www.youtube.com/watch?v=sXFAKf19UlY

It’s interesting to me that the industry respected Coindesk news article for the Celsius settlement (link below) is worded that the BTC amount to be provided to Argo by Celsius is stated in the future tense and indeed this would make most sense to me as you typically only implement the outcome of a contractual dispute settlement once you have reached mutual agreement and since this was only reported on 8th Dec then it would be somewhat of a surprise if the BTC payment from Celsius were to have been addressed 6+ weeks previously to the announcement.

We will likely have to wait until the January operational update publication to get full clarity on this matter but I for one am anticipating that this will be when the Celsius provided BTC will newly show up as extra growth to the Argo holding.

https://www.coindesk.com/business/2021/12/08/argo-celsius-end-mining-services-pact-as-they-settle-us-court-case/

Yep here’s the Anglo RNS confirming his sidelining…..the name Fraser still makes me shudder…..

https://www.lse.co.uk/rns/AAL/anglo-american-upgrades-scope-of-woodsmith-project-d94v50392jcyfi0.html

Here’s a few I’ve already seen used on the BB during the trading hours today:-

- Dumping
- Tanking
- Plummeting

Roll up roll up for anymore “scary word” suggestions from resident de-rampers. What a joke…LOL.