Member Info for Dan_The_Man

To shake

Hold onto your hats... all classic tricks

https://news.sky.com/story/coronavirus-twitter-to-label-misleading-content-11986935

They need to balance the books and quick...

Short squeeze incoming, good luck guys

1m and 2m at full ask...

Let’s say we mine 225 BTC this month at $9000 average with 40% margin, that’s still roughly £650k net profit... annualised that up to say £8m, trading on 2x current earnings and probably 1x future earnings... anyway still is cheap whatever way you spin it...

$6k would do it so yes that would be ok I guess... short term pain here for long term gain...

Awesome news and perfect timing...

You asked what stock I’m also buying... it’s cobr... gl

Hi m8... ok I take your point, but with the upcoming halving, difficulty should reduce dramatically, ie allowing us to mine more... and we have invested heavily in getting the machines really efficient, with if you assume margins of 20%, it’s still pretty impressive... my personal target for BTC this year is $30k, at that price we will all be laughing...

Problem has been always that the market hasn’t been able to value us properly... let’s assume we continue to mine an average of 300 BTC a month, that’s 3600 yearly... let’s also assume we average $9k BTC, I think we will be closer to $15k average but on the conservative side, this is $32.4m revenue or about £26m... assuming 50% margin, that’s roughly our whole mcap in yearly profit... a company like Argo should probably be valued at a p/e of at least 12, but even if we assume a p/e of 6, we should be sitting at 30p... now assume BTC prices go up to say $15k, we should have a Mcap of £130m At least... I think we look cheap...

You can see my trades from earlier, took 300k at 5.1p and then did couple of grand shortly after...

Hi Sausage... sorry it’s late so don’t know if your being real or sarcastic, but I’ll give you the benefit lol... I was in pre-ipo at 8p for I think £38k, then I did another £60k at 16p and then bought all the way down, think the lowest I got was 600k at 3p, can’t remember to be honest... had to buy the last lot purely for the bitcoin halving coming up, the potential is just too incredible... anyway, back to the shadows I go... good luck...

Argo will be in a super strong position after the halving, their break even is one thing like $4k if I remember rightly... at $9k+ and halving coming up we going to be laughing in a few months time... the guys talking about divis and share buybacks is premature, I understand that we all feeling the heat and we want it to go up and up but seriously, let’s make hay when sun is shining... this will be 30p by year end, absolutely confident, then £1 within 2-3 years... enjoy your weekends...

Took £17500 so now locked and loaded to already weighty position...

Filled my isa, got 5.1p... good luck guys and girls...

Idiot ~ absolutely and what I’ve been saying all along... they upset the hedgies by deciding to keep all the profit etc etc... I took extra £5k today, picking up £20k tomorrow if the price is ok... gl guys...

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Some of the valuations I have seen are simply out of this world lol, but if you have a look at some of my previous posts I did put 3 scenarios down... if we find absolutely nothing more then 211k oz is worth £5m in the ground, using $30/oz, so we about fair at the moment just based in the gold, but remember we have cash and copper Alfred too...
using same basis, 1m oz is £25m mcap or 15p... just keeping it real... however if we find iocg, then we looking high doubles or low pounds... gl