Member Info for Lolades78

Here Herdie.

https://www.layer1.com/

They have a liquid cooling technology for bitcoin mining machines among other thing. Incredible stuff.

I was talking to someone this morning about Argo and Layer1! Now that would be a bombshell!

"Wall is also considering the option to invest in more machinery if there is an opportunity to do so.

Selling some of their Bitcoin was not an option as Wall explains, 'we look at cash as a melting ice cube and we look at Bitcoin as a shiny piece of gold that just keeps on getting better so we want to keep hold of our digital gold'."

DNA1. You are missing the churning of new shares from your equation. Once they are done this goes up further.

Llllllll. You are dreadfully misinformed either willingly or not. You've already been banned for spreading lies before and I see you're right back at it trying to spread FUD. The thing is it doesn't work. I think the majority are happy to be invested and can see that this in investment will continue to grow. Texas style. So have a nice day and by all means write to PW. I'm sure he'll take the time to answer your silliness instead of running a business.

Peter. It's actually gone up 7% from this morning and as soon as the shares are churned it will fly up. I really suggest people look into the reasons why this was done and how much money you're gonna get from it. Anyone complaining really doesn't know how good this is.

Barmancy. I don't think you understand the situation. Think you need to research it a bit more.

Happy to have my allocation and not selling a share of it.

Looking good for a blue day today!

Full allocation of 2500 shares! Fantastic!

Sounds like a healthy breakfast to me! It will certainly get you up. Kinda like how the SP is rising very quickly!

Hey Zoro and Eva. Half a million already and all buys.. ;)

A couple of paper hands here. Diamond hands lead to gains. This isn't staying down in any dip for long. It will shoot up quicker than some of the derampers can buy. Selling low and buying high is not the way it's done.

You're right, Eva. £3 will be a distant memory when we go over £4. Have fun trying to get in. Btw Eva is actually a man for those who don't know. It was discovered quite a while ago.

Flowerpot, the point is that borrowing money takes time as case with the $100 million credit facility. And I would much rather see Argo with minimal or no debt rather than heavy borrowing. Their minimal debt stance sets them apart from the other miners who are very heavily in debt. Now they have the money available straight away and more institutions involved which will further stabilise the SP. It's a very good move:)

Flowerpot, the money is so they can keep the 25% stake in Pluto and begin building the Texas facility while they wait for the $100 million to get processed. It means immediate expansion and more money for us.

Must be heartbreaking for Eva, Zoro9791, and bigfoot.

Guess they'll just have to watch from the sidelines.

Have a great day everyone. This investment is looking better and better. Bitcoin bull run time!

Zoro. You keep forgetting that you need to be invested in order to have shares in a company. We all know you sold. So move on. Or better yet stick around and watch the rest of us gain more profit. Poor little bugger.

From what I can see the money raised is so Argo can start building in Texas immediately as well as keeping the 25% stake in Pluto while we wait for the $100 million credit facility to become available. That's fantastic news. This means the Texas facility will be completed ahead of time and we will benefit greatly from it. It's a very aggressive approach which fills me with confidence. It will basically make us more money quicker. Can't ask for anything better than that.

Monkeytom, let's see what the RNS says. We'll have a clear picture then. It is "first come first served" in the mining world now with machines and equipment. Argo need to move fast and are keeping ahead of the competition. I'm pleased to see that they are taking such an aggressive approach. Just keeping the 25% stake in Pluto will significantly increase Argo's value and in turn benefit us. Now Argo can start building the Texas facility immediately and we'll see our investments grow exponentially. Argo have to push hard to excel and that is exactly what they are doing. I'm even more excited about the company than I was yesterday because I can see the aggressive strategy they are employing. It's gonna benefit us greatly in the end.

Monkeytom. The detailed RNS will explain where the funding is going. I don't have a doubt about the company. They've made a lot of us plenty of money and will make more people here a lot as well. They need to expand as fast as possible. Now Argo can move quicker and enrich both us and them more than previously possible. It's win-win scenario and the placement happened just as the bitcoin rally has kicked off again. Couldn't be better.