Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just to share my sentiment, not looking for opinion.
I am rolling a large position out of Argo, I will retain some investment and spreadbets, purely for easy tracking but I am disappointed with the price action, I look for growth and I certainly had that with Argo up until the last 2 months. I held on longer than I would, just for todays results which have done the opposite of what I expected. My capital has been tied here and earned me nothing in the recent weeks when it could have elsewhere in my portfolio.
I am disappointed as I did expect to break from where we are but I just think we do not have the exposure to investors. We were at a higher price, on hype yes, with a lower BTC price. That is also an annoyance.
I will be back again but only when we get a breakout that holds. I have done well and thankful for that but stagnant capital is wasted opportunity.
NASDAQ NASDAQ NASDAQ, People really need to stop harping on about this, it is a total unknown. It may never happen, some larger companies are where we are and have been for years.
Hi Guys, how long is a piece of string?
I wanted to gauge expectations among you all for say, next week after numbers. Now, I expect great results out of Argo, I expect BTC to be around here or at 60. I am looking to be at circa £3.
A few weeks ago I would have said at ATH but with the way things have been, I have lost some confidence. Indicators look primed for a run but you just can't call it.
Interested to hear others thoughts or are you simply just sitting back without a care..
cheers
After a sleepy March, into April with new ISA allowances, BTC on it's way up after bouncing from the bottom of the uptrend channel, March numbers, I am fairly confident of breaking out from £2.60 and onwards to £3 by/on March numbers. Looks to be a lot of headroom on Argo chart in comparison to where it was last time at these macd/rsi levels and where it ran to (was much lower price)
I plan to add more to my spread bet position today anyway. £2 proved a solid support anyway so risk/reward for me is pretty good.
£2 held up, my only hope is that the yanks keep it that way, I want to buy more but I am waiting for tomorrow and this BTC expiry to be over.
I would hope that BTC gets climbing if it gets a bounce off of the 50 day from where it is right now and it boost Argo to at least £3 by the first half of April
Thanks guys, good advice, semi panicking a bit here and considering to cut some losses before my broker cuts them for me, that's often a lot more.
As long as we can float above 190p, I will be ok. I always try to retain as low an average as possible but with such a boring and stagnant month, I figured that we are at a huge support but then as we have seen, we broke down in last few days.
Feeling stupid now. I'm on margin with spread bets, had a nice .65 average but when we were hovering around 230-240, i kept adding and am very heavy with a 220 average now. Gonna have to cut some loose as going to be getting margin call soon enough. If we drop below £2, that will suck, I got in on the primary bid offering along with some friends. I guess BTC going to head to mid 40's at this rate, I hear max pain is 44k.
Bad day for me.