RE: ARB20 Jun 2022 11:53
Its a strange situation Hexam.
I felt I gave convincing reasons for the demise in Argo, SP in Argo lost 85 % against its ATH prior to April 5th, the remaining miners really got hammered after April 5th Mara 29 bucks to 6 most have lost 70-80 % from that date.
Argo was in a malaise a long time before the mining sector was. The other spikes from 50-65k last year and then the october november moon to 69k also didnt really help argo that much. Now the rampers can say its the sector and not argo, all the inefficiencies that are constantly highlighted have argo where they are now. People still insist Argo are the most efficient, Argo the largest immersion miner in the World! Its proven these arent true amongst the many lies the rampers spout.
I insisted this would go down, I remain insistent that continues, the lower it goes the more anger I face, but im the kind of guy that likes to say
'I told you so' x
30 odd p is the evidence x;)