Member Info for MrEMC2

January 2018 FG said planning to mine 25 bitcoins per year from a E400k total investment.

7 minutes in https://www.youtube.com/watch?v=rEE5bVr-fw0

Friday's interview raises expectations. What can he mine with £1m? Suppose we will get an idea what the market thinks on Monday.

Reality sets in

https://www.usfunds.com/media/images/investor-alert/_2014/2014-08-08/COMM-Life-Cycle-of-a-Mine-08082014-lg.gif

We discussed the lifecycle before but how many on here imagined the top of the spike would be at just 37p. Not me, I was convinced GGP was the exception and the share price was going up in a fairly straight line to £1.44p

Wish they would hurry up with those 4 Scallywag drilling results so that the train gets moving again.

Trade date Mid price Volume
19/03/2021 0.25 80,976
19/03/2021 0.25 2,162,903
18/03/2021 0.25 100,000
18/03/2021 0.25 350,000
18/03/2021 0.25 100,000
17/03/2021 0.25 44,000,000
17/03/2021 0.25 44,428,872

Incidentally, a few trades taken place last couple of days (17 -19 March). Indicative share price 0.3p with mid price of reported trades 0.25p.

Mahenge have a look at this site

https://jpjenkins.com/company/ritorno-plc/

Green$bitcoins and the best miner on the planet says it all for me. Good luck earnest holder

If this is such a lost cause why are Riverfort lending money to AAOG with no repayment until June after end of suspension period? Have they been duped?

AM90 that's reassuring thanks. ATB MrEMC2

@AM90

You calculate that the GDXJ is likely to be adding GGP shares but it would be also reassuring to know that we are not in any danger of being ejected from the index. Are you able to give an estimate of what GGP share price or capitalisation would likely trigger such a catastrophe?

From RNS 27 October 2020

"The independent expert appointed by the Court has formally accepted the appointment under oath at a Court hearing held on 21 October 2020. The expert will start his assessment work on 5 November 2020.

Sipiem, the claimant, has appointed its own expert and the defendants have appointed two separate experts"

To the layman four 'experts' are likely to come up with different assessments, and each side pressing hard for its own case. Must be a wide gap between the two sides for them not to have settled out of court yet. Looks like impass until the judge makes a decision. We are stymied by Covid into the third waive in Italy and thy are well behind with a vaccination programme so the wait goes on that front.

So onwards with a block chain/ cryto project.

"Litigation in Italy has been unavoidably affected by the novel coronavirus (COVID-19) pandemic. Indeed, the Court of Milan alone holds up to 7,000 people daily, which is incompatible with the emergency rules on social distancing".

"Litigation deadlines have been pushed forward by operation of law. Businesses involved in litigation should consider this when seeking settlement opportunities in parallel to litigation"

https://www.jonesday.com/en/insights/2020/04/impact-of-covid-19-on-italian-litigation

"proceedings supported by a funder in Italy are still extremely rare".

https://thelawreviews.co.uk/title/the-third-party-litigation-funding-law-review/italy

Not sure this helps CLP or not.

Jacal.101

When my great-grandad went bald, he built a machine to weave himself a wig out of yarn. He then gave it to my grandad, who then gave it to my dad - and then it became mine.

It’s our family hair loom!

@strudel
You are so right - never pressed the sell button today particularly as it did not get above 21.3p bid. I need to recycle the cash which was outside the ISA to make up the full ISA allowance for my wife. This takes five working days so hopefully tomorrow or Friday I can sell and do the business before the end of the tax year. Failing that plan B is to pull on my hair and swear in frustration.

Looking back at the weekly chart it was around this week last March that we started our march from 3.4p to 37p. So the share price could take off any day now but perhaps more certainly from 6 April onwards. GLA

Hi Nap, I don't use a trading account only an ISA. Mine was not a CGT question more about using her ISA allowance to gift shares to my wife. It would have been a shocker to have done it when GGP was at 37p and her seeing the 'gift' slide to 21p! I feel confident that later this year she will be looking at an increasing gift. Shame I need to use my core GGP holding as other trades have gone wrong, mia colpa. On the plus side my average reduces and I get more bags for my bucks!

I'm doing something similar transferring GGP shares from my ISA to my wife's ISA but it takes 10 working days. However, I don't want the transaction to miss the end of tax year deadline given market closure over Easter. So I have bought extra GGP shares in her ISA at 21p and I am waiting for the price to rise so that I can sell an equivalent number of shares from my ISA without losing out on the spread and dealing costs. Of course the share price refuses to rise!!

A special purpose acquisition company (“SPAC”) is a newly incorporated company with no existing operations or underlying business.

AAOG is a 'dirty' shell which has £41.4M (at 31.12.2019) in accumulated losses which can be set against future profits if a business is reversed into it.

AAOG investors are going to make money when the r/to take place ¯\_(?)_/¯

@Panama - thanks.

So GGP a '4' and UFO a '7' - wish I had known that before selling shares in both companies and chasing rainbows elsewhere!!!

Hi Damo2014,

I was interested to read your comment on another board:

"I have asked Rick at Sprott to rank the majority of my holdings, as I have held most explorers / producers and developers on AIM and FTSE 350".

You stated a rating of 7 for UFO, are you willing to share the rating given for your GGP holding?

Good luck all sincere and intense conviction holders MrEMC2

ps next time I will just use 'earnest'