Member Info for bluetigeruk

Final comment ... i bought $7500 in US last night - my broker there "Tony" - yes he is a proper NY Italian - told me he is buying these OTC as there is a NASDAQ listing being talked about. So we bought the dip yesterday at USD$4.00

Thanks Blue

YEs i was just going to say the same GGP is a very low risk 1 x or 2 x next 12 months - the downside is almost nothing from here and the upside is a bagger or two - you have to consider the risk vs reward - its the dark side of investing and many people wholly forget about it.

Take BitCoin the downside risk is huge - hackers, legislation, new competing coins, no yield, no intrinsic value, highly volatile - but people seem to forget this part of the trade.

GGP is as low risk as it gets from their current shareprice.

It a sleep sound stock.

Thanks Blue

Coiled like a bag of cement the past 2 weeks.

Thanks Blue

Slightly rhetorical this but ...

Downside on GGP (i thought it was 27p before this fall) - lets say gold drops into the $1600 area - i now not producing but it has some effect - so 20p max?

Upside on GGP by Feb 2022 - lets say new targets are 50/50 some good and some not good - and progress on mine is OK.

I am guessing its a double from here to a 4 x - depending.

So Downside risk is ~ 20%
And Upside Risk is ~ 100% to 400%

Please feel free to add your own opinions here - the risk / reward is very asychronous in my view.

If it stays here i may drop the whole 2021 ISA on it.

Thanks Blue

No - NHS Hospitals have pathology labs on site for emergency tuff like immediate bloods and they have an area big pathology lab that does all the rest. NHS hospitals have this covered - its the CCGs etc that need point of care testing using smaller machines.

Thanks Blue

Bitcoin etc uses too much power - currently around 20% of the UK electricity consumption to mine Bitcoin etc. Also there is no limit to the number of coins or currencies that can be created.

It does have a role in digital transaction ledgers but not as a store of wealth as it has zero intrinsic value.

Its also used very widely by organised crime as a money laundering system - mind you so is the US Dollar and HSBC Bank so its just moving the issue from one place to another.

And the liquidity in the market is very small too - if a large number of sustained sellers appear then there is no market.

Plus there is no yield either.

I wouldn't hold it living in the UK - i may of i was in DRC or China or Belize though. As they US dollar continues to fall it may have some attraction - but its a difficult trade at size i would think making it very inappropriate for institutions.

One thing though - short the future then have a sustained Robin Hood type group sell of BTC and the price could half almost overnight - its definitely going to happen - i bet within 12 months. Then the big institutions will lose money again to the small guys and all sorts of rules and regulations will be proposed.

My view - i dont know the future of course - thanks Blue

So NQ will now get proposed for a listing on the full London Market. This will increase - by a long way - access to the company by institutional investors - especially as many cant invest until a full listing is achieved.

this has the potential to 5x to around 30p i believe with very limited downside as its a producing mining business with solid cash flow and its funding sorted out too. Bargain but low risk too. Anyone can invest in an exploration stock but if it does not strike then what - share price halves - thats what - here it has very limited downside - thats the secret of investing limited downside, 2x or more upside. Thanks Blue

No there is no agreement and no asset. There is a long way to travel before processing becomes a thing. Maybe 3 years , probably 5.

Thanks Blue

My view.

Is buy some of these and check the shareprice every month - certainly dont worry if it has ticked up or down 1p over an hour - its irrelevant.
In 3-5 years from now this could be worth 5 - 20 times what it is today - possibly more.
Its definitely not a day trade /momo.

Buy some and forget about them.

I read about a guy who received and forgot about 7000 bitcoin now worth about $240m.

Unfortunately he also forgot the password to the bitcoin wallet and now has only two guesses left before it scrambles forever.

Thanks Blue

Steve its not how MM work - they dont care if you are a buyer or seller - they just take the spread (really the touch) price to provide liquidity - so you sell for 9.5p and they sell it to the next punter for 9.75p. They dont have a view on the company - they dont 'invest' and in very low cap stocks like you find on AIM they dont have much capacity to hold book positions - their job is to have volume though the book - order flow - because thats how they make their money. Does an estate agent care if you sell your house for £700k or £725k - of course not - they just care that you sell it - same as for MM.

Yes that overhang in shares coming onto the market will hold back the SP for a few months i feel. Lets face it any MM who knows he / she has access to a big stack of restricted shares is happy to sell and build up a short book because they can fill it back in in a few months. I think RMM is a mover towards the last quarter of 2021. Of course I could be very wrong - humans cant tell the future so its just an opinion.

Apologies for writing the same thing twice - this is due to LSE not posting my comment until a 5 min delay.

Blue

I bought in here at 3p and sold out again at 11.5 thinking the SP had done quite a lot.

I personally think that PALM does not have the fuds or balance sheet to start a proper drilling campaign and they need to JV / Farm In and probably raise a significant amount of cash to get to a MRE on any of their prospects. So i am holding off until this becomes clearer to me.

Happy to receive any counter views if you think there is a different strategy here.

Thanks Blue

Thanks for the reply.

I looked at the investor update on the web site, I think it's dated November so PM prices are updated. They implied the free cash flow starts in 2022 after an investment period in 2021, basically new processing capacity. That's what I based my statement on.

I am still holding GGP but I am looking around for some alternatives when I sell my first 25%

Wow £1.35 - so it will rise in value from a market cap of around £30m today to £10.1 billion to become one of the worlds largest mining operations all in a year. Thanks Scoutt - i am definitely buying heavily tomorrow morning now.

Unless you mean 1.35 pence or a 3 x ish rise from 0.4 pence?

Thanks Blue

I think this is one to get into towards the end of 2021 as the cash flow model doesn't RMM have published shows the investment in capex not hitting the margins until 2022.

You may miss the early investor discount - but - this is probably dead money for a year.

Thanks Blue

Julian - i was about to write the same - also they use a big dose of an Oxidising agent too - hydrogen peroxide - so that would also attach to Carbon i think to create CO2 - Wabu can you check my homework here please - i only managed GCSE Chemistry!

Thanks 'cracking' information Wabu.

Imagine having read the PHE Brochure BEFORE investing !!

Thanks Blue

And thats your opinion is it Lenz ??

Lets keep this polite please.