Member Info for delboy34

I have a T212 account. It's genuinely fine. I have an ISA so my GGP shares can't be lent out. Zero problems! Yes I might not get the ultimate best price or be delayed here and there but I'm okay with that as I've saved a fortune buying/selling other stuff within my ISA as a newbie haha. GGP is by far my largest holding!

Speedie, as an avid goldbug myself I totally agree with your sentiment hence my largest position is here in GGP and I'm happy to hold for many years to come as the resource grows and POG goes parabolic.

I do think a mix with BTC is a very sensible idea though. Not saying go all in, but its the future.

Lawrence Lepard is a true precious metals genius and he is long both gold, silver and BTC.

Some of his recent interviews here about the dollar losing long term are excellent;-

https://www.youtube.com/watch?v=LCM6YnCpdlE

https://www.youtube.com/watch?v=LuXY-Gz9Qls&list=PLjy1QMZM0wVqHWvDAu43D5WjcHl61nzfz&index=4

GLA.

Nice little spike up to 18.3p on google, +4.3%, small run up prior to results night tomorrow?

Lets go! Holding long.

Okay so firstly I know there are a LOT of factors at play with a crypto mining company. Please correct me if any of this is incorrect, just some basic thoughts below, I believe we are still undervalued and due a re-rate.

Just to look at some basics;-

Mara currently has a market cap of $5.45 billon. They hold approx. 5784 bitcoins worth $364 million.

Their hash rate is 2.7 EH now, but apparently potential to go to 13.3 EH in 2022. (Maybe this is priced in already?)

Argo has a market cap of what, $800 million, and we HODL approx. 1844 bitcoin worth $116 million.

Our hash rate is 1.075 EH and potential to go to 3.68 EH in 2022.

Doing the maths. that makes Mara worth 6.8 times what Argo is now at current MCAP values.

Do we think Argo is worth 6.8 times less looking at those figures? I certainly don’t!

BTC is going to be life changing I'm convinced that crypto will continue to eat up the market caps of the financial system as more and more people and institutions pile in. Just 2 trillion overall marketcap - we have potential for masses of upside yet. Just remember, crypto technology has surpassed the rate of which the internet grew by double as a comparison...

I'm holding for 5 years as I think the fundamentals here are great.

Thoughts welcomed. Cheers all.

Frustrating to see this drift lower. Fundamentals are all still golden, gold and copper is still there, and growing!

Is it me or when BTC has a good day we seem to get dragged down and vice versa.. I was buying more before the PFS and thought the bottom was 15/16.. I still do now it would be a crime to see it go lower with what we know about Haverion.

Surely a huge re-rate to come, my biggest holding and will add as she dips.

I watched a brilliant Youtube video earlier by Raoul Pal (Legendary Macro investor who’s now all in 100% crypto, no stocks)

https://youtu.be/xrLZw9j0rcs

He certainly knows his stuff in the space and I’ve grown to really like his content as it’s spot on. He often talks about the adoption curves if you follow him on twitter.;-

What he says is this – Crypto is showing the fastest adoption of any technology in all of recorded history. This is a huge thing.

In 1990 – 2000 the internet grew at 63% per year and in 1997 the internet had 150 million users.

Now, we are at 150 million users in crypto but we are growing at 113% per year, so roughly double that of the internet. By 5 years to 10 years time the number could genuinely be monumental – exponential growth.

What do we think happens to the $2 trillion market cap of crypto overall from now to then? It’s going up is my bet. Hence happy to hold here for many more years to come. (And various alts of course)

Chill out. Our hash is growing, BTC is growing, we are all still early IMHO… GLA.

IIRC about 40% of all US dollars in existence were printed since covid times began. If you don’t understand how huge that is… you’re in the wrong share.

That’s essentially an invisible tax to all citizens without them even realising, although I suppose then you just pluck up a random CPI figure that doesn't account for housing (65% of the average US paycheck..) fuel etc.. and put that to the peasants!

The world is in a crazy financial situation IMO and the US is heading for a default, the US debt was like $8 trillion with Obama, already it is now $29+ trillion and they think in 5-10 years from now it could be $100 trillion. That’s laughable and never ever getting paid back but career politicians will just continue to kick the can down the road and exponentially print.

What we know with the fundamentals of gold gives us the edge here IMO. A leveraged play de-risked and only growing, what's not to love?

Anyone not familiar with Mike Maloney or Jeff Clark, they are huge in the precious metals markets and very knowledgeable fellows!

(The hidden secrets of money is a fantastic series on Youtube which is a MUST for anyone interested in precious metals; https://youtu.be/DyV0OfU3-FU )

They also have just posted this;-

https://goldsilver.com/blog/gold-looks-poised-for-a-run-eerily-similar-to-the-1970s/?utm_campaign=20211019_Silver_Alert_Comes_Alive&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

Fed is a ticking time bomb IMO - masses of upside to come here.

I'm feeling primed for a 20+% day here today. LFG BTC!

Looking like the SEC might approve a BTC ETF.... This would be huge as I imagine there will be $$$ waiting on the sidelines for an approved ETF... Inflow of millions and billions yet to come..

It almost feels like we have a chain and anchor tied around our waists when BTC is retesting all time highs...

Since the Nasdaq escapade and dilution

I'm still in and will remain so for years to come as I believe this will be a leveraged play on BTC and that it's going HIGH longer term - maybe this will just be temporary pain!

Even still, that amount of views is absolutely miniscule - I'm of the opinion the market doesn't even know the importance of gold let alone what GGP holds at Haverion. (Longer term, this can only be a good thing, IMO!)

I'm a simple bloke. GGP is one of my largest holdings.

I buy it when it drops, and try not to worry about intra-day movements.

We all know the fed is screwed long term. Buy real money (gold,silver - maybe BTC as a hedge) or better yet stocks with leverage e.g. miners and explorers.

This is a tier 1 world class find with 2nd lowest costs worldwide, with 90,000 metres of extra drilling to come... imagine we get another hit?

If the PFS can cause a pump like that, imagine where this could be in years to come (if we aren't taken over by that point, I thought SD's comments at the end of that video were quite interesting...!)

Upside potential = Sh*t loads
Downside potential = Meh, hardly from here at a £660m market cap IMHO knowing what Hav will bring.

I buy when it dips and continue to sit and wait for our payday. GLA.

You guys worry too much - this is the easiest buy and hold on the stock market IMO!

Bitcoin is literally outpacing the adoption curve of the internet. In years to come when it's massive, you'll be glad to have all invested EARLY into Argo. Nasdaq pending soon, too.

Can see £5-10 in the next 2-3 years pending BTC's S2F chart following through...

@Mr Codders "You can buy 10 gram previously owned bars for around £455.60 ..... paying for coins is always the wrong thing to do, if you want physical...!"

Disagree, gold coins are the way to go in a physical holding. Most (Sovs and Brittanias for example) are CGT free, very sought after designs, easy to trade if need be and often far harder to fake than bars too.

I'm just hoping that the market hasn't priced in what we have, let alone what we could potentially have in the ground here...

Looking longer term with the macro's pointing out the importance of gold and the failing fiat currency disaster, I'm fairly happy with my level of risk here despite being in the red now.

Holding for gold, switching off for a bit. Roll on the MRE.

I think its 7 holes?

So from the last report approx. 3km was drilled from memory (?)

This one is approx. 5km of drilling

Therefore we have 65km - 8km = 57km of drilling left?

Longer the better as far as MRE and PFS is concerned surely?

Still open at depth, massive grade finds.. holding for gold!

It won't be pretty tomorrow, ideal if you want to start a position here. I'll no doubt be adding to my position here, forefront of green mining, money printing machine that Argo is...!

Anyone that has been in this space for more than 2 weeks knows this is the norm lol. You buy the blood and dips, sit back and watch, hold for years to come.

Well worth the upside potential IMHO. If your scared, premium bonds may offer up to 1% per annum.. and not even keep up with inflation. ;)

Honestly I can't keep up with this board so I'm not even remotely trying anymore lol.

Anyone investing should know the risks of a crypto/BTC play, and the upside/downside potential that comes with it.

IMO Peter Wall is doing everything right and at the forefront acting extremely quick pushing the 'green' message. We've even had Musk like a couple of Argo tweets recently. (love him or hate him that's HUGE publicity.)

Dips in the BTC price are largely expected (anyone that's been in long enough knows this) and volatility helps to push the price up as they get bought. Normal and healthy. Look at wooeconomic on twitter, planb's S2F model.

If we get just a hint of the 'Nasdaq' word in months to come this will absolutely blow. You either believe in Bitcoin and crypto or not. If the latter, stick to FIAT and see how that goes over time. (I'm long on Gold/Silver too and adjust my risk accordingly, including many altcoins.)

Good luck all. Easy hold IMO.

Guys, relax.

Go and look at the stock to flow model for BTC. It's been staggeringly accurate thus far. Spoiler - it goes FAR higher!

The blockchain technology is going nowhere but up and more users will mean the adoption curve is well on the way. Dare I say it but I think we are all early still.

Some of Raoul Pal's videos and explanations are absaloutely brilliant should anyone get a minute!

HODL'ing with absaloute ease here - topped up some today too!