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rossannan,

Sign of the times that many FX brokers are now doing trading in crypto. My FX broker has started doing this recently with 500:1 margin. I tend to use them to keep tabs on DOGE and BTC.

You might interest in this article from Putin 's media:
rt.com/news/549881-fbi-cryptocurrency-crimes-unit/

I just happen to read between the lines to see if Russia wants to invade. My view is it's just posturing.

Anyway, that article was interesting because it reports on a new FBI unit National Cryptocurrency Enforcement Team (NCET). All pointing to the view we expressed earlier that crypto is here to stay with enforcement against dark users.

Will, the Umpire comment???

"Has anybody else had a phone call from CEG? They must be worried calling small PIs enquiring if we've voted, and which way."

Yes S740. I voted. Not saying which way.

An admission that your Starchild engaged in deflection I see.

Back to Pavilion Druid.

Seems like the hippy isn't the only one consuming shrooms.

Fair point Fair.

Can't be worse than holding CEG at the present time. So, might as well. DOGE currently has an MCAP of $20 billion. Seems to be favoured by Elon Musk and now it seems Warren Buffett is in the mix somehow. Plus, what I like about DOGE is that it is an original crypto an offshoot of the same framework used by BTC/LTC. One of the originals and still cheap as chips and so far standing the test of time as others have fallen. So, seems peeps have a fondness for it. Let's not forget that BTC has a maximum mining limit. DOGE is limitless. So, with time BTC runs the risk of many people losing their coin (just like I did forgetting the passphrase). That won't apply with DOGE because there will always be a supply. Meaning DOGE can one day overtake BTC.

rossannan,

Holding 30% gold & silver. Less than 1% crypto. Also, now share the same opinion. Crypto is not going to go away. Regulators will regulate around the concept applying the same compliance as they do with other assets. So, no clamp down on the concept just on those dealing in it to apply AML KYC and abide by regulations.

The fact of the matter is that had LTHs in CEG instead invested in BTC they would all be billionaires today.

rossannan, looks like we're doing well hedging ceg with doge. Warren Buffet is now reputed to be a big buyer doge. As you ,ight know he is ditching shares in visa, etc and buying a private bank that does crypto.

We might be able to blow ceg out of the water with the doge hedge. Let's see.

mannnan,

Think the hippy cares more about shroom prices than oil prices. lol

The OPEC President on Wednesday said that oil supply is not now enough and blamed oil companies for not investing enough. There is a quick rise in demand and we need to respond, the President noted, adding that we have to invest as quick as possible so supply can meet demand. Oil production has increased over the last few months, he said, but there is still a gap between targets and output. The main question, the President said, is how long it will take to produce more crude oil, before reiterating OPEC's mission to bring oil market stability and balance.

We need a commitment from all oil market players, including non-OPEC+ member nations, to increase oil supply. The OPEC President continued that there are no immediate solutions to high oil prices, and warned that while members of the organisation committed to investing more in the oil industry to lift production, this would take time.

Source: fxstreet.com/news/opec-president-oil-supply-is-now-not-enough-oil-companies-didnt-invest-enough-202202161221

rossannan,
Think you picked well. Be interesting to see how it develops going forwards.

Antha,

Also, to be fair on the moderators we did go a bit off-topic and seemed to be discussing crypto more than CEG. Just goes to show how dire things have become here.

rossannan,

I haven't got to the stage of building a crypto portfolio rather just adding it to the general portfolio mix as an additional asset class. I've just got BTC and DOGE with a mild interest in SHIB.

Looks like Starchild must have made complaints against our hedging strategy debate on CEG which has been deleted. Anyway, it was interesting and hopefully some got reminded never to throw all your eggs in one basket, especially on this basket case AIM stock.

Druid,
I would never put 500k in CEG even if I had (a). Due to the following:

(1) You'd need to be confident that the inside knowledge is reliable
(2) Previous or legacy issues with CEG would undermine that confidence even if offered
(3) It would be illegal to do in any event.

Further, for the umpteenth time, I am not Starchild. Get a grip man/woman.

What will you do when the real Starchild appears. I would guess you'd blindly follow unless, of course, you are Starchild and your attacks are deflection.

Think you should only invest £500k if you have £10m to invest. You can then pick 20 stocks in the portfolio. Given some will fall others will rise. To put £500k into a stock when that's all you have is either because: (a) you have inside knowledge (b) you're extremely foolish.

Ice, After reading many starchild posts. I'm convinced he was a paíd for ramper con on balance of probabilities.

So, we are just aiming to increase production to 1000 bopd from 400 bopd. This is now going to be a slow burner. Once those shares are flipped expect consolidation. Naturally, retail investors would most likely vote against but it is doubtful that the power exists to prevent or block. LTH are just screwed.

I chose Challenger as Bahamas Petroleum ahead of the drilling of Perseverance-1 and hence its appearance in the High Beta section of the list, the result speaks for itself but there must always be high risk plays in these portfolios in my view. Actually given the work that Challenger CEO Eytan Uliel is doing already on the cost base and the portfolio I was severely tempted to stick with it but I think best to reappear from the subs bench.

Source: proactiveinvestors.co.uk/companies/news/970704/2022-bucket-list-970704.html

It's all speculation Druid. Nothing from the horses mouth. Shrooms all round. Kootsie I believe is on the BoD of Prospex Oil and Gas. If he does another runner you now know what to do lol

Seriously though, if Star* is reading, there is probably 1001 better things to throw your money at than this.

Well, for some inexplicable reason (could have been costs) P1 didn't go down to Jurassic interval which is producing in nearby Cuba and the US Gulf of Mexico. However, unless proven otherwise, I think P1 did indicate there is oil there. This lead to the hippy and the potter blowing hot steam over the acreage being highly prospective. It all points to CEG holding the aces up the sleeve when seeking a farmin. Why would you not seek the information/data CEG hold unless you want to start from all over from afresh for the same costs as you stated 120 million collecting data.

As you know Suriname is Dutch speaking. The Dutch surrendered New Amsterdam (now New York) and replaced it with Suriname and left there mark. Sure that must have been an advantage for Koot in negotiations. There is oil there. All the hippy has to do is work on it.

Druid,

I would say that if the hippy manages to increase production in TT and Suriname then those waiting in the wings to acquire the Bahamas acreage would have a pretty long wait. They might want to consider arranging a farm out on the Bahamas acreage. So, waving my arms optimistically, it stands to reason from a geological point of view that if bordering countries such as Cuba find oil then unless the Bahamas was formed from a meteor impact or a chunk of rock that fell from the outer asteroid belt there has to be oil in that acreage. The money is in the licence - monetise it.