Member Info for CaneToad

Freedom4Uall: "Does anyone have any information on the possibility of an agreement between Rainbow and the Burundi Government?"

Not me. I've written off the Gakara. Only interested in Phalaborwa.

Argylerich: "after the restructuring over 38% of the company was in the hands of bondholders that were below an RNS size."

OK, it's possible that I'm wrong. I accept that. Maybe some of the small bondholders are periodically selling. I appreciate that it's a different business and bankers might be more inclined to offload rather than wait for ashare price ppreciation. They're often a bunch of impatient bastar*s (I used to be one!). Either way, I'm holding here and I hope to make a profit. It's looking increasingly solid now.

This is just my view. I might be totally wrong.

No idea why. Checkout the flurry of buys after the close; one being £609.80k. That is institutional. Somebody is playing a game with this share that I don't understand. I just try and ride it and make some money. It's been a profitable strategy since early last year, but it's been v. slow and drawn-out this time around.

I'd hope to see a lift when DPO is finalised, which has to be soon.

"there are no matters connected with their resignation which they consider need to be brought to the attention of the members or creditors of the Group for the purposes of section 519 of the Companies Act 2006."

I would guess that it's simply not protable enough for them to be worth their effort. Accounting/law firms trim their clients continually like this. Not reading anything into it.

In my experience, it's almost always disastrous for a new investor to put everything into one stock.

The excitement of being 20% up is great, but the despair of being 50% down is terrible and most people react by selling at the low point or have insufficient funds left to 'repair' an underwater position due to poor money management. Or they lack the experience to know when to liquidate a loser rather than continuing to 'Hold On for Dear Life'.

'Scaling-in' (aka Dollar Cost Averaging), by starting with a fraction of your money (e.g. 1/3 of your trade unit), might help, but it's not foolproof. You can still blow your account unless you're super careful with risk management.

Despite what most people on this board will tell you, it's very hard to *consistently* make money from the markets or from ARB, for that matter. I currently have ~10% of my capital allocated to crypto. I'd feel uncomfortable having more than 20%.

Most of the investment books that I've read were incredibly boring and a waste of my time. Here are some that were useful:

- 'Free Capital' by Guy Thomas - some of the traders discussed in this book lurk on Advfn/LSE/twitter.
- 'The Art of Execution' by Lee Freeman-Shor

Most trading videos are dodgy and misleading. Here are some that I found useful:

- 'Warrior Trading' (Ross Cameron)
- 'The Duomo Initiative'
- 'Trader Tom'
- 'UKspreadbetting'

Everything that I've said might be wrong. Do your own research.

Good luck!

Trading the other crypto miners was like shooting fish in a barrel this week. Today was a bonanza. Anything crypto related. 21 profitbale trades out of 22, while ARB, undeniably the best miner of all of them, was down on the day... I don't get it, but I defintely can't afford to have money tied up doing nothing indefinitely. Not trying to de-ramp ARB - just venting my fury at the situation.

I am certain that ARB is being heavily manipulated. I've consistently made money from all the other miners for the past month, but ARB barely moves. The correlation with BTC has been broken. While I believe in ARB and it's my largest miner, the brakes need to come off or people will inevitably move on.

It depends what their objectives are (trading vs long-term investment) and how important that amount of money is to them.

Personally, I'd scale-in slowly (no more than 1/2 on day 1, but probably 1/3). That gives the flexibility of being able to average down/pyramid up. I'd leave some dry powder for after the IPO. This could mean that you don't get the best price compared to going all in on day 1. If they're a long-term investor, that should not matter too much. If they're a trader, then they wouldn't be asking this question...

Managing the risk is what it's all about. If that money is critical to them, then they need to consider using a stop-loss, but thewy need to understand that it's unlikely to work perfectly if the market gaps down. Investing 'everything' in one stock is obviously highly risky and I'd never do it or recommend it. Personally, I have about 10% of my capital in crypto, spread across multiple miners and coins.

That's just my opinion. They need to do their own research as anyone here will be highly biased.

Why's there been no further news about the IPO? Wasn't it meant to close in July?

@Rower - perhaps you're the one who originally made the fake posts about that individual? the stupidity of people on these boards is incredible. One lunatic even claimed that he was a german guy called Thomas that worked in a sweat shop like in the Wolf of Wall Street... such is the imagination of people on these boards.

Perhaps I should of got your permission before posting here? Sorry - you're stuck with me!

I'd become interested here if the IPO listing was off and Minto was developed by PERE. One thing I just realised is that Minto was due to be be listed on the Venture exchange. I originally thought it was the TSX. Curious why they went down that route.

@K3VMC: ""Good. It isn’t. Shorts are 54% of that days trades in ARBKF. As it says on the tin.

OK. Got it. My mistake.

Muzzar: ok, got it. thanks. I removed my erroneous post.

I have a decent holding here, but I am not yet inclined to add to it yet even though I'm down. But I can't yet see that a raise is imminent and I'm not taking CHRI55's comments seriously at this stage. Maybe I'm wrong, but I think this will eventually do well. Granted, it might take a while.

Personally, I find it difficult to believe that 54% of ARB is being shorted. I can't see the logic in it. It's also incredibly dangerous for the shorters. That said, I have scaled back my exposure to ARB slightly today, whiel I could, not because I believe in ARB any less, but because the other miners are tracking BTC better and at the end of the day, the prime directive is to grow my account rather than collect shares. ARB is still my largest BTC mining holding nevertheless. It's 'eventually' going to pop.

Of course - we all know this - what's important is that *US Investors are being told it*

Nice summary - impressive statistics if I was looking to invest for the first time. I like the bit @6:05: "Riot has a market cap of ~$3b and revenue of $12m, which is less than half of Argo Blockchain"

@bonker99: "They don't appear to have the money to complete that DFS process so, presumably, they're going to need to raise that money from the market, usually via a placing."

I think they're most likely to take advantage of the ultra-low-interest loan from the US Ex-IM Bank @2% or so. They've already recieved a Letter of Intent from the US Ex-IM Bank to this effect. Apart from that, I believe that there is also the possibility of raising finance from the EU. These two facts together make it unlikely (in my view) that they'll need to do a raise. This is what makes JAY so attractive. Once that loan comes through (if it does), the share price is likely to rocket.

That's just my view. It might be totally wrong. Do your own research as I am biased.

Ditto. Re-entered yesterday after selling last week. RSI has cooled somewhat now and fundamentals improving so will just ride it long-term if it retraces. Nice medium-term opportunity here.

@Robbie123: "6 months is holding long term"

I've held BP/Shell for about 15-months. Regarding dividends, they are pointless unless you maintain your capital. And BP has sat at depressed levels for ages. I'm an old git and have invested in conservative funds and blue-chip shares for decades, but I've started moving away from the UK markets due to the abysmal performance from dusty old companies. The FTSE has literally gone nowhere in 5-years, while the US markets have appreciated multi-hundred percent. It's hard to argue with that.

My son held Shell in an ISA (my great advice!!) and he finally ditched it, after seeing that even his Cambridge college is gradually selling all their fossil fuel investments. These are huge holders that will never re-enter the market and which take years to sell-down their holdings. Sorry to sound negative - I'm saying what I see.

That said, I'm holding and I like the dividend, but not at all inclined to throw another hundred K into this one in order to average-down, without evidence that the market also believes the story. Not seeing that yet...

@PCompany: "Look at APF against any of the royalty peers (the majority of which are in Canada) and APF looks v.cheap"

I completely agree with you. I feel as though my money is safe here. It's just that the market doesn't agree with us for reasons that I do not understand. I'll continue to hold, but am not inclined to increase the size of my position. I am guessing that JT also couldn't understand why this company is so poorly valued. Perhaps moving the primary listing to Canada or the US would help, but even Canadian miners are not doing well lately.

@Android101: " So you can attribute sky high valuations to cyberspace/ tech stocks but you need oil to deliver the goods in the real world"

I have a large holding in BP and Shell. It's pathetic that these old dogs cannot even deliver a positive day when they're at cheap valuations and have multi-billion-dollar buybacks running. Personally, I have made ten times the money, trading in and out of bitcoin mining companies other high-tech plays than investing in BP/Shell for the long-term. In the meantime, BP sits in my portfolio like a dead-weight.