Member Info for Phoebus

Encouraging the weak and flippers to dump before a turbo charged rebound on BTC Q4 super surge? Barely above the placing price now so not much room left to justify any selling.

I seem to remember Blonity saying that ARB lagged in the run up to the Jan rally and then went nova to massively outperform everything else. If BTC is roofs it in Q4 as per 2017 then perhaps we will see ARB massively outperform yet again following this repeat lag. This time December Rodney. GLA

https://c.tenor.com/UmN6_udjTugAAAAC/rocket-fart-lake.gif

MARA +8%+.

Another positive I see is that BTC seems to be taking the lead again ahead of ETH and alts. It's been a while since that was the case and I like it. Suggests to me that the long consolidation is coming to an end and BTC is starting to make a genuine and continued move higher.

Another positive I see is that BTC seems to be taking the lead again ahead of ETH and alts. It's been a while since that was the case and I like it. Suggests to me that the long consolidation is coming to an end and BTC is starting to make a genuine and continued move higher.

Won't be surprised if the day this finally moves up it's flat all day on the LSE and then puts on 30-50p when we're closed for the evening. Seem to remember it did just that one night this Feb.

NASDAQ also up nicely. Win, win.

Here's the link to this week's Blonity video. In his BMXI segment he compares how cheap each miner is at their current share price relative to their operations with higher values indicating better value. Blonity has ARB on a rating of 0.96 indicating it is currently better value than all of the other mid cap miners HIVE, HUT and BITF and much better value than MARA and RIOT. The fact that the two small cap miners DMGI and DGHI which are usually by far and away the cheapest have almost been overtaken by ARB underscores just how cheap ARB is at current levels.

I see Blonity has increase his ARB holding and it is now his second largest holding. If BTC continues to climb and this doesn't roof it at some point I will be very surprised. We're right on the verge of the same point in the 4 year BTC halving cycle when BTC punched through the $5K ATH last time round and roofed it to nearly $20K just a few weeks later. Laser eyes folks, laser eyes. GLA

https://www.youtube.com/watch?v=U3ffX1KGWQs&t=477s

BTC just this minute hit highest since May 12. Other miners rising nicely and ARB down. Makes no sense. This is very cheap compared to other mid and large cap miners according to Blonity. I've just added 20K shares. GLA

Firkin joke.

And BTC only took about 10 weeks to go from $5K to nearly $20K in mid Oct 2017. BTC halving cycle is 4 years and it is now almost 4 years to the day since that move started. Laser eyes.

With cryptos doing well I honestly can't fathom why investors are selling KR1. I have NAV at nearly 190p. At his juncture during the last BTC halving cycle BTC broke through its summer 2017 $5K ATH and roofed it to nearly $20K. Alts went postal. We are potentially at the same juncture and yet folks are dumping at more than 20% below NAV. Seems idiotic.

I disagree. There is almost zero volume in WTE. Barely five quid has traded since the recovery high on Monday. Iilliquid stocks like this move easily on very little. Market knows nothing.

As regards Kawa-1, CGX is down because of a major discounted funding which has not yet completed. FEC, has a bigger stake in Kawa-1 and their shares are at the highest since pre-COVID days. I may take advantage of the CGX pullback to take a few.

GLA

I disagree. There is almost zero volume in WTE. Barely five quid has traded since the recovery high on Monday. Iilliquid stocks like this move easily on very little. Market knows nothing.

As regards Kawa-1, CGX is down because of a major discounted funding which has not yet completed. FEC, has a bigger stake in Kawa-1 and their shares are at the highest since pre-COVID days. I may take advantage of the CGX pullback to take a few.

GLA

'... if it had won ...'

Tom and Cheryl spring to mind.

And if not, we only have 24 more rolls of the dice. Gosh, how will we cope? Think the Guyana Standard gets it with their punchy headline.

https://www.guyanastandard.com/2021/09/29/massive-oil-hunt-exxonmobil-poised-to-drill-24-wells-between-kaieteur-canje-block/

Front month UK gas price back up 25% in under 3 hours. Crazy moves.

I don't think it has anything to do with the site survey. Oil and gas prices have had a bit of a pause the last 24 , but are already bouncing back. Yesterday's Shell OGA knock back seems a perfectly timed coincidence to make the government look anti oil and gas on the main day of Tory party conference. 'Look over here! Look over here!' I suspect it will be full throttle on gas when nobody is looking. The damage caused by the surge in UK gas prices and lack of supplies will certainly put them under great pressure to do so and DELT is in a great spot to help.

It's also worth noting that DELT is below the level it reach in Feb when drilling was 15 months away. Since then Cairn has farmed in to 5 licences with work including seismic already underway at no cost to DELT, drilling is much closer and the gas price has rocketed more than five times higher yet DELT is flat. Looks far too cheap at the current price. Drilling fully funded. GLA

I don't think it has anything to do with the site survey. Oil and gas prices have had a bit of a pause the last 24 , but are already bouncing back. Yesterday's Shell OGA knock back seems a perfectly timed coincidence to make the government look anti oil and gas on the main day of Tory party conference. 'Look over here! Look over here!' I suspect it will be full throttle on gas when nobody is looking. The damage caused by the surge in UK gas prices and lack of supplies will certainly put them under great pressure to do so and DELT is in a great spot to help.

It's also worth noting that DELT is below the level it reach in Feb when drilling was 15 months away. Since then Cairn has farmed in to 5 licences with work including seismic already underway at no cost to DELT, drilling is much closer and the gas price has rocketed more than five times higher yet DELT is flat. Looks far too cheap at the current price. Drilling fully funded. GLA