Member Info for Saxondale

I'm not a naturally smug person , but I will give myself a pat on the back for my big top up yesterday at 19.4p . Had been thinking about it for ages , thank goodness I didn't put it off again !!
Making up for a disastrous week on some of my other shares .
Go GGP !!

And what about the value of Pluto ?
I've read their website and listened to interviews , I sort of get it , but then if I had to explain it to my missus , I would struggle . But then again that applies to a lot of things lol

Spread is about 0.4p at the moment ( 219.06 - 219.5 )

Having only joined here recently , I took today as a chance to average down a bit.
As long as BTC keeps going up , we'll catch up sometime .
As for placing , seems wise to raise the cash rather than sell BTC to build new sites etc .
My average is now about £2.20 , so for me the journey is just starting , and hopefully its not down !

Interesting little interview on Coindesk .
Lady is discussing how she sees things , and when asked how she is trying to make investments in crypto when she only deals in stocks , her thoughts are she is investing in miners along with others as a way to follow the gains . The miner bit is right at the end .
https://www.coindesk.com/video/the-mixed-reactions-to-coinbases-public-listing

Lets hope we don't get a juicy RNS first thing .
I got lucky on the last slide as I felt we had plenty of time for shenanigans ( which we did )
This time its pretty dicey in my mind playing fast a loose with my SNG shares so close to news .
So I'm taking the rough days on the chin and consoling myself that if and when the Good news drops , I'm already locked and loaded .

Apologies if its been posted already , but any idea why you can't buy the mask off the Pro Larva website any more ? Thats where I got mine from a couple of weeks ago .

Added a few more today at 80p .
Likewise over at GGP - both at almost half their ATH at the moment .
So many miners and explorers are out of favour at the moment , it seems too good to be true for someone looking to load up in that sector .
While many have sighed at the POG dropping ,for people like me who were a bit slow off the blocks , its been a gift .
That said if it drops too much further I may change my mind lol

Watched a few of these Andrew Maguire & Alistair Macleod interviews .
Once you get the hang of the terms they keep using ( especially Andrew ) , and you follow the thread , it really does make a compelling explanation of what is happening and where its all going . Mind you , these type of interviews have two blokes pushing on the same side of the door , but even so , it seems hard to argue against the logic .
I'd love them to have a guy on from the Fed / Bank of England /a Bullion bank to give their reasoning on why things would be different , but we all know that would never happen .

10 years ago , I knew inflation made prices rise , but a canny saver could offset it to a fair degree with wise choice of savings schemes . I never gave monetary policy a second thought .
5 years ago , that sort of fizzled out . You could start seeing the slow erosion of your savings . I started moaning , but didn't question it or do much different.
2 years ago , I found myself almost forced to look for alternative ways to try and prevent my cash from going backwards - hence trading in stocks . There must be plenty of people like me doing the same .
This year - and maybe its because I watch too many videos on the subject , but I truly believe we aren't too far away from a real monumental shift with PGM's being at the centre of it .
I've got bitcoin investment , but as this interview hints , Central banks aren't going to just disappear and hand the power over to the geeks without a fight , and they have the power to do a lot of things. Bitcoin I believe will run and run as a thing , but like these guys say , we just don't have the time to get the world clued up , accepting to using such a new form of exchange . The world needs currencies and money to function . The question is how they stem the Fantasia style out of control situation that the Fed etc have got itself into . A revaluing of the gold price seems the only quick logical answer .

Its got to the point now where I really don't mind if there's a sale or not . If it is more profitable longterm to expand and mine the goodies , I'll go with it . A bit like hodling Bitcoin - no point spending it now is there ?.
So mentally , I'm banking on something else to pay for the Lamborghini next month .
EUA can just chug along . If it drops below 25p I'll add a bit , otherwise just let them get on with it . I've as much chance second guessing the outcome here as trying to predict when my next farts coming out .

You couldn't have worded the RNS any better if your intention was to have the maximum negative impact on the SP .

Like others have said - just state the facts , don't go digging yourself another 6 ft deeper by saying you don't have a clue what the prospects in the future are .

So was the intention to drive the SP to its maximum low ? - but why ? its their company ?

Still completely flummoxed by it .

The huge hiring . The new products . All the Twitter PR . The variants . At the cutting edge of a global pandemic . And they put out an RNS like they're a lawnmower company during a drought .

I just hope this is part of some masterplan that I can't get my head around .

Well I had a small £1k top up at 84p , still averaging down , so see how it goes next week for a bigger bite .
Not from Saxondale , rather just like to model my style of sarcasm and dry put downs to those of the great Mustang driving Tommy Saxondale .

Sold at £5.20 . Bought back at £4.60
We've had these days here before . Shame they didn't didn't sugar coat the RNS , but then again NCYT doesnt over sell itself .
Huge cash pot , plenty of quality signings , and loads of new products .
Just a bump in the road .

This deal should at least allow them to accelerate mining development I guess .
I come from a position where I'm looking to add , so if I can do it below current SP thats great .
My average is about £1 so sort of neutral at the moment .
The drilling results from the good stuff down in the 8 zone , or a rapid rise in the POG is what I'm banking on to make me some money here . I'm sure they will keep finding gold , and the mining and output will keep increasing .
So being a glass half full guy I'll take it as a buying opportunity .
I haven't researched too much on the BOD selling antics , but unless its a complete pump and dump job , I tend not to get too bothered . I better read up on this see if they pass the smell test .

I take it that a bought deal is basically an underwriter taking these new shares ( at a discount ) , then flipping them back on the market when they see fit ( presumably in their mind at a profit ) . Its a placing , but to an investment bank who presumably won't be LTH of those shares . So one positive is that this underwriter has belief that the SP will go up . Bad news is that they may be flipping them quite cheap down the road so SP won't be climbing rapidly if someone is constantly dumping shares for a quick profit .

Yes I'm not reading any more into it other than they are assisting the general program . Just impressed how easy it was to order them .

I followed the link and within 3 minutes had ordered a pack of 7 LFTs free of charge to be delivered to my door within 2 days .
How very effecient .
Obviously they will be the Chinese ones and 30 min wait for result ( as accompanying video tells me ) .
Looking forward to be able to order the Avacta one shortly .

I watched the whole thing again too , and yes his comments are in context of the previous trials .
And remember he didn't think the P2 hospital results were going to be that good - and when they came out , they were amazing . In a situation where he assumed the therapy may be too late .
On paper , the earlier administration of this drug is what it was intended for . The fact that it worked so well in patients already in hospital was a pleasant surprise .
Such a shame that the take up on the home trial was so slow to begin with , that its taken so much longer to get to the point of getting the data .
I really am getting excited now playing scenarios over in my mind of how this news breaks , who tries to take credit , and who gets the jump on securing supplies .

My take is that he is saying it works better on those who are poorlier , not so much as how long they've had it . So it works better on those who have some symptoms big enough for it to get its teeth into .
He called the home trial an insurance policy .
It may not work as well on a home trial patient who is getting only mild symptoms , but since there will be a mix of serious and mild sufferers , I'm hoping that both the UK and Activ 2 trials will throw up enough positive data to show that it's still effective enough to approve .
All speculation , but at least they have these two trials , the huge P3 hospital trial , and now as stated the long covid follow up which could blow everything away too !

Listening to the discussion - he says that the world is a different place now , and that to have something that could be even marginally effective in the home setting is going to be ' priceless ' , even if it doesn't provide similar blockbuster results from the hospital trial . 90 day check ups also should give some sign on Long Covid , and it makes sense that if you get it less severely to start with , you may well be less likely to get any Long Covid effects . But like he says , they are learning something new about Covid every day .

It's a real buzz when you get an intraday and you're sitting in front of the screen . I remember seeing the GGP one when the CEO bought shares at 2.5p . I couldn't log in fast enough ! Trick is making sure you read the whole RNS lol . I'm hoping to add some more here this week , so happy for it bubbling in the 80's till next week . Gold price seems to be stirring , should put some wind in the sails .