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I am really heavily invested in ARG and still believe, as I did, that this company will come back into favour. I remember watching the run upto $64k and argo hitting £3.29. I thought I was going to be rich as started planning my retirement. Watching the massive profits slip away has been painful and thoughts of retirement are now a distant memory. It's a shame that argo continues to drop as BTC rises but many other shares and miners are doing similar so its not just lack of confidence in argo. I remember Peter Wall saying Argo was overpriced at around £2.30 and he was probably right and still is. That why he sold. I think there are still profits to come so still a good investment but not life changing. Still a much better investment than the crypto shares with the potential to double your money in the medium term future. We need argo news to get the ball rolling again but with others miners all increasing their hashrate and us with nothing in the pipeline its NASDAQ uplist we are all waiting for. Fingers crossed and if you can buy the dips then do so for the long term.
I remembering reading “gold pour within 2 months” and that was early this year. Believe it when I see it. I’m happy to wait but be realistic as people will loss hope and drift away.
At least after all this time we are now clear on the Nasdaq situation. There has been a lot of speculation on this over the last 6 months with people speculating that Nasdaq is coming. At least now we know for certain that an application was not made and they are only now considering if they wish to make an application or not. If we look at the other miners that have now up listed to Nasdaq, their application was made public as it was made so until we get news of an application we know one has not been made.
I think some of us may have hoped for more than 167btc but it is up on May plus this company is still massively profitable and will continue to be. I think BTC is here to stay and the current price range represents a minimum level with no bear market drop. Restrictions on retail investors trading BTC will continue with the goal for this asset to only be held by the rich and institutional investors so grab your while you can.
GLA and hold for the long term wealth.
I’ve been invested here for 5 months now and it’s very interesting watching the waves of posters. I bought in at around the current price level with the pour date of April/May. This never happened and the price drifted down to around 5p then gradually came back up and went to around 15p purely based on hope and hype. It’s now drifting down again as the hope starts to fade once more. If you believe the timescales for the pour then you will be disappointed. I think it will eventually come but not anytime soon. I see no real progress in the last few months and don’t expect any in the months to come. If it does come then I’ll be over the moon I’ve stopped expecting it when people predict. False hopes may push the price up a little but only bring the price back down again when nothing happens. The point I’m trying get across is invest here because you believe, as I do, that this is a good investment long term and not a way to make a quick buck.
GLA
I’ve been a holder for some time now and would always check in here every day to see what was happening. After seeing posts about news soon and pour just around the corner I started to realise that these were just optimistic people and there was very little just around the corner. Eventually I stopped looking for news. Returning here after several weeks I see there is still no real news and starting to think it may never come.
Dispite all this I’ll still hold my position as it may eventually produce gold. I’ll check in again in a few months.
GLA
I’ve been a visitor to this board since investing in Argo back in feb. It’s been a great source of information and reassurance through the ups and down. Am I right in thinking all the constructive posters have now move to a closed board so I’ll no longer get the reassurance from “the good guys”? I have tried to contact delacey but can’t find any way of messaging him as this is only a premium service.
Any assistance or advice greatly appreciated.
Jp
I’ve been invested in this for some time now and still wondering when the gold pour will come. I hate it when a company sets out a time scale (first pour within 2 months) and then says nothing when this stated timescale passes with no explanation as to why it was not met. The silence and lack of explanation is not acceptable IMO. Investor need to know where they stand or will just move on to the next investment.
Forgive me if I’ve missed an explanation but I don’t check in every day.
Argo is a great company to invest in. It’s currently thriving and will just get better and better in the future. Not a flash in the plan that you need to get out of quick. You will never lose your money if you hold, only if you sell. I am in this heavily and have had doughs in the just few weeks but after reminding myself as to why I’m invested in Argo, I’m now very comfortable in holding no matter how low it goes. If possible then buy as much as you can at anything below 250p and you will see a massive profit in the months to come. I’m down over £70k from the high of 5 weeks ago but I’ll get that back and more in the months to come due to the strength of Argo. Where else can you see this kind of return. I have some other holding but Argo by far has the highest prospects of returns.
Just remember that you only lose money when you sell. If you sell with the view of buying back in lower then you will lose in the long run. Been there before and it’s extremely difficult. Even break even as you miss out on more than you gain.
Stay strong
The motley fool articles are not helping but neither are Peter Wall’s actions. Stating that the share price was too high and there was no material reason for it to rise, then the share dilution which only hit us investors and not the company have not help sentiment.
I am still holding £134k in shares but I’m down by 30% since the high. I will hold as I think eventually this will go back to £3 but I am disappointed.
People are forgetting the massive rise recently from 10p. This over shot it’s true market price due to FOMO when it went over 300p and has now pulled back to near where it should be. Just look at it’s growth compared to other miners. We have still risen way above them. If you look at the price fluctuations of all the miners in the last month or so we have all averaged out about the same. We are not being held back any more than the other miners. There is just currently not enough interest in them to get the price moving again. I think it will happen again but to get back to 300p that a 33% rise so bitcoin will need to be in the $80k range which is certainly possible in the months to come.