Member Info for LordSnooty

Paul Snow on Discord just now: "This is big"!

That's good news on Yooya, after a quiet period looks like it's full speed ahead with an IPO. What will that do to FFWD's NAV?

at Factom seems to have passed FFWD by entirely.

It's curious that they only ever bought back a very small percentage of their extended buy back programme, and most of the shares that were bought back were in the 16.50-17.50p range, above where we are now.

I wonder if we'll get an RNS here about this news - seems material to one of our investees' worth to me.

http://www.chain-finance.com/2018/04/13/new-global-partnership-seeks-to-improve-blockchain-solutions-for-enterprise/

Exactly so, the uses to which the token can be put and the token price will be increasingly intertwined as the applications and uptake develop.

From your somewhat sarcastic tone I infer that you are among those who would deny that the FCT token, trading at say $50, and with good liquidity, is no better for the PR/IR of the Company than if it were barely trading at say $5? The FCT has held its value better than many other cryptos since the sell offs began in January; this is a direct result, I believe, of a perceived practical worth underpinning the token, in comparison to its peers, most of which have dubious, and somewhat diminishing, application at best.

Jay Smith, Factom's CMO, tweeted last night: "Spent the last three days at a financial services conference introducing the Factom blockchain advantage to senior executives of the leading financial services companies. Look forward to the follow on meetings".

Once market makers are done driving the share price down during the news hiatus, we should see a quick recovery when some of the players in industries mentioned in the article below start to report their links with Factom - that, plus a robust FCT token price.

https://cryptoglobalist.com/2018/04/12/factom-fct-a-real-world-application-coin/ FCT $25.50 at time of writing. FFWD owns 3.64% of Factom.

FCT still on a flyer, now $25.85.

$23.40, up 20%

I hope you're not serious, L200, and I'm not sure how analogous a TV programme about prospecting is to our Manica operation, what with their cutting and splicing and condensed time frames. We now have six areas of operation, the product of which has to be collated, smelted assayed and despatched to the Mozambican government, then paid and divvied up. Have a thought for Joel, walking around the concession in the mud and rain with his nugget box, collecting our share!

O&W - to be fair, Moz have only just begun under the new contract, with gold to deliver March and this month, and penalty payment last 29th. I don't think that's long enough to assess their performance.

I can think of several massive companies around whom rumours of a Factom tie-up have been circulating these past few weeks. Timing of disclosure and which will be the first to disclose is of course not up to FCT but to their clients, but it's coming soon. Meanwhile, M3 scheduled to go live less than three weeks from now. Could Paul Snow be planning a PR exercise around that event? On the APH front, potential legalisation in the Canadian Senate of recreational cannabis use is now only eight weeks away. Confirmation there and possibly further consolidation in the sector should bring the focus back to our holding in the number three largest supplier, Aphria. Then there's the Leap sale, and our holdings in the student loan company and Yooya, both of which appear to be gaining traction....

We only deserve to correlate to the PoG if we are actually selling the stuff - and in reasonable bulk. Clearly the market needs to be convinced with some figures. Over to you, CB.

$1360.

closing on $1369 - $100 per oz more than our benchmark.

I'm convinced otherwise, I regard this as a typical MM move prior to news, so I think they may be anticipating some word coming within the next week or so.