Member Info for Seingred

Webbs, averaging up for me in little bits .not paying above 20 p though .

https://uk.finance.yahoo.com/news/bad-bitcoin-mining-environment-really-071509138.html
An interesting article on the energy consumption of crypto and a useful reference to the energy consumption of gold miners for those that believe that gold is such a greener investment .
I am buying cardano and celo for a greener outlook . I hold eth rather than bitcoin .

https://medium.com/@hillpot/bitcoin-vs-gold-which-hurts-the-environment-more-75193863dfb6

Isa, it wouldn't surprise me if fm increase their holding . Mc will be looking towards the mine financing . personally I would be surprised if there isnt a further investment if they keep hold of their present holding . They have issues in Mexico and looking to expand out from there .
We have established a strong base at 45p . I have had a limit buy at 40 p unfilled for a very long time now . 50 s beckon hopefully and hope for the predicted bull market .
Keeping an eye on the politicals and covid over the next 4 months .

Real,lools .gonna have a peep .

Real , this is a board for virtuous green gold investors theres no crypto here .

Icb, booky also mentioned an ortega son holding here so seems very possible that we have been steered to a method of bending the rules .

Gdt.fortunately sold half at 109 . In these speculative aim shares I think its folly not to bank some profit when a swift large rise happens .
Hopefully this will come again . Might add a few if there is a further fall which is inevitable if btc falls .I wouldnt want to be holding too much here tho when the inevitable crypto correction happens . Probably at the turn of the year imv . Tbh better profits to be made actually holding crypto . Gla

https://www.theguardian.com/global-development/2021/may/10/cali-colombia-protests-violence
I dont imagine this is helpful either .
Outcrop golds sp has halved since its jan peak after a good rise last year . Had a good rise yesterday .

Any views on outcrop ? I know the reasons why gpp is used as a comparison here but outcrop seem to have a similar model to omi , canadian based with projects in colombia .

Believe. Its not an unusual experience on aim. Personally I am adding at these lows gradually but havnt bought hardly any above 20 p . Re set my purchase limit to under 20 p here. However it is clear that when the sp moves north ,it moves fast so lets see where we are in another few months but best to keep a level of caution always but gold has had a major pullback affecting many goldies but appears to be heading for a breakout now .good luck .

Karl, you cant predict crypto buy the movement of doge joke coin . Bitcoin trading sideways for the last month but etherium has doubled since bitcoin first hit 60 k . I expect eth and bitcoin to make traction for most of this year . I think they will both do well this year . I hold mainly eth and a number of goldies inc a decent holding here so hoping for both .

Crab ,u got more chance of catching a mermaid than selling your de listed shares .
Was it you that had inside info on impending deal many moons ago ?

E l, yes many miners have such presentations . These are standard practice softening up tactics in order for mr nero, lion and red to extract as much as possible from their village . When the gold becomes uneconomic the jobs will be gone and it is debateable how their village will be returned . The presentation states that gold is the top export ,but mining actually employs a very small part of the population of Nicaragua . Obviously this is better than the practices of the huge ammount of criminal illegal mine operations around the world but the gold business is still a very destructive business just so people can lock up most of it in vaults . How is this so morally superior to crypto and blockchain ?
https://news.mongabay.com/2019/12/illegal-gold-rush-causing-irreversible-damage-to-rivers-in-the-brazilian-amazon/
As I previously pointed out our largest shareholder ,vulture capitalist isnt here for nothing . Mr martin we have had an insight into his past and our latest investor is facing demands from the socialist mexican gvnt for tax evasion .
https://www.culturalsurvival.org/news/campaign-update-mexicosacred-indigenous-site-mexico-threatened-canadian-mining-company
The world is screwed E L unfortunately and investing in cnr or any other miner definitely isnt turning that tide . I am in park mode now too .

Nero , you are an extremely condescending poster . I dont imagine you mean these residents .
https://theviolenceofdevelopment.com/nicaraguan-environmental-defenders-harassed-andcriminalised-mina-la-india/
Ceo states cnr price was hit by Nicaraguan unrest nero says no mr red and our ceo were uninformed . Mr nero says the reason is gold bear market .well early April 2018 I sold cnr shares in mid 50s ,the gold price is somewhat higher now and been to record levels and I can sell my cnr shares for 47 p .

Star, u still a dirty rotten shorter innit ;)

It is rather odd to hear such sanctimonious views from investors of gold mining shares . Known the world over for poisoning land , water sources ,driving slave labour just so people can can polish it or store it in a vault to use as store for the rich .
Do we assume that if a gold bubble appears and cnr rockets that you will become disillusioned and sell up before you get too rich .
Bubbles are a facet of capitalism . Everything goes in cycles. If you have a problem with capitalism I get that but trying to write off crypto and play moral high ground and holding shares in miners is pushing it .

Ejust researching outcrop . M cap $34 m who seem to have a similar strategy as omi in colombia .
Hitting good silver grades .any thoughts anyone ?
Also looking at aris gold .starting mine developement .m cap $240 . both canadian explorers in colombia .

Zz singing a somewhat different story than after the arbitration .interested to know if this arb doc is materially different to the one posted here . Zz been in the press talking as though he was representing our frr ,sounds like he may be in bed with outrider ,remember they will be larger shareholders according to zz .hard to even dream this one up .

Real, eth is where I have most and it is reeling in bitcoin now . tester posted march last year about bitcoin crashing to around $4 k . eth was $200 . I posted it was a buying op . Crypto is still at the start . There will definitely be large corrections ,all of which will give further opportunities imv but bitcoin will dwarf the gold market in years to come .
as always best to have a spread of assets but ten years of diminishing returns here, seriously how can peeps trash huge profits in crypto ? It is just nonsensicle .
El , £1-1.50 has been my prediction for short /medium term . Lets see how it pans out . I am more than happy to be overly cautious and pleasantly surprised than perrenially under estimate timescales and disapointed with the sp .
Tester, I made a similar post a few years ago when the gold price broke out and I think it holds true now also. I have less funds available than many here so in order to buy, often I have to switch rather than sink ever more cash ,so I tend to switch some out to invest elsewhere which has worked very well these past few years and buy back out of profits .
I recently re bought aaz ,and added at cey and shg . Looking to add a few more . I dont hold pur but considering it after their large drop .
Good luck guys .

Prodg , the situation here is little different just gradually coming to a conclusion . I have never shorted but have experience of shares going down the s.itter lol .
Funnily enough I was one of only a couple of posters saying that de risking in oxus was a good idea. The bb is still there last time I looked . Most were like many were here , discussing what car showroom they were going to spend all their milliones.
I have adapted pretty ok . Started buying crypto 3 years ago .Ran with the covid related shares last year . A year ago was really the time to buy crypto. massive gains since last march.
Anyhow, good luck