George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
In exactly the same place Parkdog. Argo has been negatively rerated it would seem.
Unfortunately, the altered IPO pricing has massively negatively impacted sentiment around Argo IMHO.
There seems to be much less optimism around Argo. Unfortunately, the IPO was a route to further share dilution - something PW expresssly advised would not happen after the previous dilution in March. It remains to be seen whether the Texas development will be a success, although everything points to this. I do hope we see extra mining capacity online this month otherwise it’s worrying given the previous contract cancellation. Sadly, I no longer trust PW at all. I just hope desperately that they carry out the plans as have been projected to investors, no more excuses. Time will tell I guess. I will hold for now in the hope that these plans are followed through but I’m nervous for sure.
Not drifted baby face but tanked. Down over 50% from highs. Patrick Young may come with a reputation. I couldn’t care less. I want to know:
1. where the bridge is.
2. an explanation for the delay in OTC listing - not just that FINRA are busy - I call bull**** on that answer alone. Although because of the dithering and dismal SP performance this point is less relevant now since US Investors will now be much less interested in Valereum.
3. what happened to the VLRM token?
Since the arrival of Patrick, the company has made a complete about turn with regards to its plans. I do not see that as positive at all - we’ve gone from a utility ready to launch to something else entirely which seems very embryonic indeed.
I’m also concerned that other defi applications are looking to mimic Valereum’s bridge - if that’s the case then there is no USP.
Please feel free to weigh in vocal supporters. What is your honest take on things right now?
A very chirpy message containing newt of substance but lots of nudges and winks. I’m a bit sick of that tbh. Back down in the thirties which is exceedingly frustrating. Give us some news of note not bluster! And OTC clearly ain’t gonna happen in the near future- hope I’m wrong by the way!
Great to see some interesting and well considered posts on here today. It’s incredible how things change when Argo starts to move up yet shocking to realise how this board is saturated with unpleasant individuals that clearly derive pleasure from seeing people suffer when the SP slips. It goes to demonstrate once more, that you must trust your own opinion based on suitable research. Thanks Mike for the institutional updates. These remain helpful.
Excellent interpretation of the situation
Today, I hope the market likes the news. Hopefully, the next RNS will be of more machines installed and confirmation of orders moving forwards without delays.
Ok, so we have the news everyone has been crying out for since March - shame it didn’t happen back then but it is what it is. Dilution was inevitable- it’s just how much is all. Hopefully, this will give us a leg up. Thoughts then good people?!
Nice post Sanboy. Have any of you guys looked at AVAX token? This has concerned me a bit with regards to Valereum. Take a look if you get a chance. There are a lot of similarities and it’s now taking off. This is also in the back of my mind as a bit of a negative. Let me know any thoughts. Good luck, genuinely, here’s to £1 by Xmas!
Mustard, you’re probably right… I agree that most of my posts here are negative unfortunately and that makes me sound like a deramper or even a troll. For the record, I’m neither. I’ve posted positively on rises as well but sadly not as much as I’d like on here!
I am genuinely a bit concerned at the minute, especially because of the track record of some of the characters involved. Equally, the calibre of certain individuals involved cannot be doubted. I just want to see something tangible happening, whether OTC, whether roadmap etc.
Mustard, I didn't base my investment on any comments made by others. I’m simply stating that these cheerleaders lauding this company as amazing when there is nothing to back such an opinion is annoying and ramping behaviour.
Yes, invested but reduced my position when up in 60’s so not a disaster no matter what. I had targeted cashing out at high 70’s given the price of the warrants at 80p for a good profit. May be a long wait now.
Sanboy, I think there’s been too much of exactly that (winks and hints) from the big boys. You know exactly who I mean. Sadly, trips to Gibraltar and the like have sucked a lot of us in with the promise of a possible £10 multibagger. I now worry there’s a distinct risk of us being left high and dry.
As you say, it’s time for a timeline with some clear details on the plan moving forwards. Hopefully then we’ll get out of this rut, otherwise we’ll be under water for good.