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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!
Gervaise has just tweeted this;-
"Great to see new growth drilling at Havieron hitting the mark - expect a lot more assay results from growth drilling campaign over next 6-12 weeks (8 rigs operational, weather looks perfect out there now)"
So basically ties in with my thinking plus Magic's comments, HOLD FOR GOLD! GLA. So much more newsflow to come imo.
Chip I totally agree, 4 new drill holes which are on page 5/6 just above the diagrams.
I'm guessing this could be because they started in March and this report is 31st March (?) hopefully the next reports will contain much more drilling action, just my two penneth worth. Not concerned at all mind you, open at depth and potential new targets!
At the end of the day, tomorrow could be messy. You don't get into a Bitcoin play without understanding the very nature of the beast. Volatility comes with it. Bitcoin is also the top performing asset class in the last decade..
If we rally more after this healthy correction as per many chartists and S2F models suggest, do you really want to be left behind or have no exposure within an ISA? Most definitely not.
Easy buy and hold, buying dips. No need to check the intra-day macros. Job jobbed.
Not interested in FUD, or intra-day movements. You either believe in BTC's future or you don't.
Personally, I've been here since 7p but average up a tonne since then, and I bought some more just before close today. Slightly risk-on should BTC drop slightly but lets look longer term here. The economy and FIAT currency's are absolutely dead. Why wouldn't you have a proportion of your wealth into a bitcoin play?
Also, all Miners (RIOT/MARA) are down today. Possibly Coinbase taking some quick cash from traders.
Look to the future, we are a better miner than both the above and have 1/3rd of the Marketcap in comparison.. what do they have that we don't? Nasdaq.. that's what.
I'm confident long term this has bags left.
These levels are extremely low IMO. I topped up some more.
Does anyone else find the fundamentals of gold extremely interesting? (We know you do Speedie!) :)
How effectively president Nixon just detached the dollar from gold in 1971 and we have been living in this FIAT experiment ever since? The federal reserve issues IOU's to banks and so the mess begins. Mass borrowing, mass printing, fake currency creation.
Look at the US national debt, what is it now - nearly 28 trillion? How's that ever being paid back? Pro-tip.. it isn't!
Long gold, long silver - real money. Oh, and Copper ;) plus obviously the miners and explorers for more leverage!
Interesting article here:-
https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/
Awesome results, check these two out!
HAD130;
109.4m @ 5.9g/t Au. Wow!
HAD127;
41.7m @ 2.6% Cu.
Once again de-risks further IMO.
I'll look forward to Bamps and Paddy's postings and SP calcs.
Bring on the PFS!
I'm not sure if anyone follows Funky Finance (Mateus) on here but he's produced some excellent videos on BOTB. Most recent one yesterday highlights just how undervalued and off the radar this share has been. (Up 12% already today)
Link; https://www.youtube.com/watch?v=gJtP21r7AsU
I'm holding! GLA.
Not sure if this is of use to anyone but 'The hidden secrets of money' by Mike Maloney on youtube is a truly eye-opening programme which explores the fundamentals of gold and why it's so important - bin Netflix off and give it a whirl!
Guys, the intra-day macro movements here are not worth getting hooked onto IMO.
We know BTC is volatile, and I accept that when investing here and owning crypto directly. Lots of emotions involved on here, far easier to think longer term - the FED and amount of currency debasement going on is mind blowing. Creating dollars from thin air will not end well, nor is it sustainable. Look at the debt the USA is in - almost laughable.
Look at the graphs of purchasing power of the dollar from 1913 to 2021 - its unbelievable. I'm not saying BTC will be the new world standard YET, but my god why wouldn't you be in for the upside potential?
Square, Paypal and Tesla already onboard plus the legend Michael Saylor playing his part, this isn't going away overnight, the phases of adoption take time... and then become explosive!
We are still early. When this goes to the Nasdaq with a strong BTC, the sky is the limit IMO.