Member Info for Lolades78

This is not a deramping message either but just my opinion and it won't effect the SP.

I reduced my holding by 50% when the P3 was announced as I felt the concept of it was far too ambitious and time consuming.

I further reduced to 30% holding when RM made the "put out a fire" remark.

And reduced down to 10% of my original holding yesterday morning after reading the RNS which was not good, IMO. I thought it would open 20% down but to my surprise it took a while to drop which allowed me to sell. The remaining 10% are at a 34p average and I'll reassess on Tuesday what to do with them but I won't be adding.

I've always thought it was for a targeted population and why I thought, like others here, that the HT results would fail to meet the endpoints. As it did.

There has been a lot of yelling back and forth by "rampers" and "derampers" but in the end I think RM is the one who should answer for this. The P3 trial has turned into a red tape nightmare which is looking to be further delayed and that's on his shoulders. I'm disheartened because any treatment against COVID-19 is needed now but this won't be anywhere anytime soon which is why they were so glum in the presentation. That's not deramping, it's sadly what the situation is.

I wish everyone the best and really hope it will work out in the end.

They did not mention any active ongoing talks with India in the webinar either.

“As Governments around the world , such as India, look to how future outbreaks and variants may be handled , our virus-agnostic therapeutic could help to save lives, release pressure on the world’s healthcare systems , and thereby potentially mitigate the need for economically costly lockdowns.”

The RNS does not say they are talking to India. It just mentions India as one of the world's governments.

Let's stop the picking on people on this board please.

Not dereamping but this is the issue as most thought:

"Consequently, the prevention of severe LRT illness could not be determined.

The majority of patients exhibited only mild disease which we believe compromised the possibility of showing treatment effects in the Home Cohort."

There isn't enough evidence in the HL.

Franky. This is why Argo's green future plans are so important and valuable for the company. With the US' ambition to reduce it's carbon footprint by half before 2030 there will be substantial tax subsidies for green/renewable energy companies and the reversed for companies with a large fossil fuel footprint. It's been mentioned a few times on twitter how this sets Argo ahead vs the other miners. Especially Mara with it's coal powered mining. With Terra Pool - the world's first green energy BTC mining pool - Argo will benefit greatly under the new laws.

BTC options expire today.

BTC has reached a new ATH after each expire this year.

Argo have their April financial numbers released next week when the next leg of the BTC bull run is likely to continue.

Have a brilliant day everyone and I suggest you ignore or filter any unconstructive noise during the day.

GLA!

Argo will be mining a new cryptocurrency in addition to BTC and Zcash with the ePIC rigs. We'll be getting a confirmation of which cryptocurrency it is in the near future.

Yes Phoebus, I agree there have been some "surprises" from a few companies recently in this sector. That's why I'm glad Argo have publicly said no placing.

Soon a new month and with it more updates from Argo including the April financials next week and Texas.

I'm sure we'll be smiling then :-)

"Makes me wonder if we are being lined up for yet another placing too".

That line, Kozzi, is why I wrote that.

Phoebus has been a great contributor to this board.

Phoebus, Argo have announced that there will be no placing. They couldn't even if they wanted to.

Saby16, why do you keep trying to lie?

Firstly, the company have publicly announced that there will be no placing.

They couldn’t do it even if they wanted to. But you already know that.

Just like we can read your post history and know that you sold out (if you were ever invested to begin with).

BLOK just bought 6 million shares and several other funds have added recently. Go look it up.

You also show a complete lack of understanding of BTC miners income from the mining itself.

BTC mining companies, apart from getting BTC from mining, are also paid for BTC transactions. Anyone with a small bit of research would know that. And if a company got it’s power from a cheap, green renewable energy source, like Argo, it would keep more of that income.

The fact that all of Argo’s machines this year have already paid for themselves (in the latest RNS) shows how effective and energy efficient they are and that Argo are indeed making money off them.

Argo also mine about 4% of the world’s Zcash. Another source of income for the company.

All of this is quite easy to find out.

Which leads me to believe you are either deliberately misleading or severely lacking as an investor.

Now well into blue! Can't keep a good thing down ;-)

Have a look at this graph. BTC new ATH after each expiry this year.

https://twitter.com/endthechase/status/1387371675491049472

BTC remains above max pain level of $54k going into the expiry which is very bullish. Might have some fireworks on the way ;-)

DYOR

The graph actually shows that Argo has been much more stable over the period in question with a much higher gain.

All the other miners had larger dips during the last 6 months. It should come as no surprise that the crypto market is..volatile.

We've recent had a retrace due to Timis selling out (the last dip on the graph), however, Mara and Riot have had large drops during that time period as well as indicated on the graph.

The future is up to each to research and make their own investment decision.

Bitcoin future options expire on Friday. I believe it will move up, IMO. It's very bullish that it is near $55k already as max pain for traders was $54k going into the expiry. So staying above that level is a good sign is my eyes.

Then there is the Apple rumour that they will annouce BTC adoption this week with their results but I don't have that in my plan as it is just a rumour - albeit a slightly credible one.

Blubay, why are you focusing on the green arrow? Look at the actual graph. It's showing the last 6 months up to today's date. The future gain is something we all research on our own and make our own decision. I'm not making an assumption of the future with that graph. Someone asked to see the correlation between the miners performance vs Argo during that time so I added the link.

SABY16. I'm not going to continue to speak to you as you have been shown to be a liar and are not invested here.

So you just skipped my message then, SABY16, which showed that you are currently lying about your "investment" here?

And here is that graph for you again, Saby16, showing that the Argo SP has outformed and continues to outperform the rest.

https://twitter.com/btcbull47/status/1387189973456150530/photo/1

I'm obviously refering to the SP performance as that is what the graph shows. The green arrow doesn't change the fact that Argo's return has outperformed every other major miner in the last 6 months. It couldn't do that without great fundamentals which continue to improve. It's not a beauty pageant, it's a sector with immense competition and Argo are leading the way.

This paints a pretty good picture of Argo's performance vs the other miners.

https://twitter.com/btcbull47/status/1387189973456150530/photo/1