focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Definitely thought i had seen a fat finger trade when btc spiked to 47.9k and then the SEC hack lol sent it straight down. When approval comes its not sell the news, btc will fly! that spike up and then all of a sudden sec hacked, rubbish hahahhaha someone didnt like that movement ! and im hoping its Larry Fink ! fook you Larry i can hold all year and then some!
NOT APPROVED lol account hacked says Gazza
https://www.zerohedge.com/crypto/sec-approves-bitcoin-spot-etf
lol we are in a clown world. Load up peeps we going over 50k
CLSK management get bonuses for issuing shares, no surprises from me....I did enjoy the last Zach and Matt movie........
'Fully Funded' and 'no dilution until 2025' Gonna be seriously tested in 2024 x;)
Saw a flip in Mara at 31.7, and exited around 29.7. Started buying again from 26 down, ETF could be a real buy the news sell the approval, however i'm confident BTC goes to 48-50k rather quickly and hopefully I will be top slicing MAra again at those levels.
The last 5 weeks MARA has been in 3 different price zone with BTC at 44k.
Early December 44k BTC MARA 15 USD
Mid December 44k BTC MARA 32 USD
Currently 44k BTC MARA 25 USD
Choppy waters!
BTC 48-50k MARA could be anywhere from 25 USD to 42 USD imho.
GLA
Not completely debt free, about 300 odd million owed on a loan note due for 2026, nearly a billion in btc and cash, offsets that. I reckon mara diluted some shares around that 30 dollar mark, Mara sentiment changed on the 27th Dec at 31.7 usd per share. Sentiment is back on after being dragged down to 20 bucks i think we going to 48-50k BTC and Mara is going to 36 bucks ish in this cycle.
GL
Well it transpired you were holding heavy bags.....obviously you dont want anyone to sell Argo/
is that called an agenda? Just enjoy the rise Roger ! if you have any sense you'll take your losses from Argo and transfer it to a North American miner, you still have time!
GLA what a day this is going to be !
The halving is going to be bad for miners like Argo. On current hash Argo will be mining about 2.2 btc per day after the halving and then has the Helios contract expiring at the end of the year and of course no insignificant loan note interest repayments. Where is growth coming from ? Global hash doubled this year and so many new entrants coming to this space i just cant see how Argo is a viable entity when you line them up against the Mara's of this world and a lot of other miners (Mara and other N American is now a calculated gamble v Argo's hopium imo)
I'm not sure when we get the next run/ spike if the inferior miners get the run that others will, imo the upcoming halving may start to price in this disparity between the miners and so miners with growth, grow accordingly and the inferior miners begin to lag, whether the market is that aware or astute of this, im not sure of.......but if ARB goes to 100p then Mara SP will be well over 150 dollars and I don't see any form of risk in Mara like I do with Argo and the other inferior miners.
Anyway GL we are all in it, to win it.