Member Info for Monkfish6

Keep hoping. One day they’ll deliver something tangible.

80k…. That’s absolutely ridiculous. What a plonker!

You realise that SP would pretty much mean a mcap below the value of BTC Hodl. You’re talking nonsense insider.

Think they might have to work bloody hard to increase the NAV to a billion .

My God, there is nothing on here at all now except insults. Sadly, I think that rings the death knell for Argo. It’s basically a meme stock and us retailers that bought above £1.50 have been well and truly rinsed.

Never going to happen

The key here is that the board do very well pretty much whatever. They have demonstrated utter contempt for shareholders with a complete lack of engagement. Dropping horribly.

Good old Peter and his clues… like the Nasdaq listing. He’s disingenuous to say the least. All in my humble opinion of course.

Good price moves recently but unfortunately macro fears are here at just the wrong time. If there is more concrete news afoot this is not gonna help us a great deal. Annoying to say the least.

For the first time in 3 days I’ve woken up without shudders running down my spine. Bitcoin steady overnight. Let’s hope for a slight recovery today and that the price doesn’t tank tonight again. I think the Argo news flow is currently the most positive I’ve seen since the blowout performance last year. If the price stays stable it’ll still be a highly profitable month for Argo. Should make close to 5 million pounds profit. This SP is very low when you look logically at things. Funding remains a concern but Helios looks great and appears to be going brilliantly. This will recover soon. Sub £1 is a ridiculous price.

F-u-c-k off! Full on capitulation phase. It’s a bubble and it’s burst. Gutting.

Going nowhere but down. Pile of ****e!

Hate to say it but the writing is on the wall for Valereum. Nothing real just notional. Ppan and gang have been lording this for months. It looks like such a pump and dump.

Really appreciate your comments Argo and Monkey. To zoom out is the key I suppose. Should have stayed in traditional assets I reckon. Balls deep now though so in it for the long term.

I agree totally Monkey on Helios. The big questions remain on how it gets rigged out though? Patience is clearly key but difficult to stay strong when the crypto background just seems super bearish. 10 year timeline is very sensible. Either that or it’ll all be worth nowt??!!

Argobull, you’re obviously heavily invested here and I know have made a packet having been here before the heavy rises of last spring - what is your take on Bitcoin over the next year or two?
I am really concerned about a bubble now. My two largest positions are KR1 and Argo. I rate both companies although have been unimpressed by Argo’s Nasdaq debacle. It just feels pretty dark around Bitcoin now- no optimism- constant FUD. What is your 1-2 year outlook?

I sadly am sitting here with a hefty loss, as I’m sure many are. Unfortunately, in spite of all the positive updates in the last few days ultimately Argo is a play on Bitcoin and unfortunately Bitty has **** the bed yet again and so we’re headed further down. Crypto world looks really dicey to me nowt. Investors flocking to safe havens and traditional assets. I must admit to wishing I’d stayed there. It’s just too volatile. GLA. We’ll bloody need it today!

All smoke and mirrors though. Still nothing tangible in spite of all the hype. Drifting down again.

Blubay, as I said the fundamentals are strong but unfortunately as you know these metrics do not take into account the need for ever increasing funding for rigs to fill Texas and to maintain hash share. It’s the same old question, where are those funds coming from?

Motley Fool is utter balls. They were slating Argo a week ago. The fundamentals have looked very good for the whole of the past year, during which the price has dumped. This rose far too high, too quickly and now it’s settling to a more realistic valuation. Unfortunately, many of us are stranded at double this SP. I just hope Bitty can rise again in the next six months and we might see £1.50 again. Probably dreaming though.