Member Info for Thevalle

Excellent work and research. Thank you. I'm going to have to read the links a few more times, and I'm not even going to pretend to understand the formulas. But there's obviously some exciting possibilities out there.
I take my hat off to you Mr. Dumpling sir. Well done and thanks again.

Set free? I'd love to see the price rocket. But there's only a few things that will see positive price movement. Such as director buys, further ii investment, the final obstacles to relending being overcome, and relending itself.
The first two would keep things ticking over until the potential explosion of the second two. But while none of the above is happening, we're in for a very stale period of time.

I'd rather hear news concerning the actual mining of bitcoin than hear news that bitcoin has risen by fifty percent. That's what I mean by relevance to the share price. There's no reward in earning zero coins no matter what their worth.
I don't know what is going on in the background, but unfortunately it doesn't yet seem to be anything to shout about. Hopefully Francisco's prediction of mining within weeks is accurate, and the weeks don't start rolling into months.
As someone said earlier, he needs to start walking the walk. But who knows? Maybe that's exactly what he's doing in the background.

Granted that the higher the bitcoin price the better. But until we actually start mining them, it has little relevance to the share price.

I am, but a bit of reassurance wouldn't go amiss.
Get used to the drop in share price, because without a positive rns, it will only trend one way.
I'm happy to hold for now, but I'm not going to wait for ever.

The problem with the interview is that it was just a standard podcast interview. I'm grateful for it, but imagine the impact it would have had if a respected institution such as the FT had covered it. There would have been a whole lot more credibility attached.

I didn't sell at a loss. I'd admit it if I did. I've sold at a loss a few times before, the point being to sell at a loss before it becomes a big loss. And yes I know it's only a loss when you press sell etc.
Im actually glad that I don't get married to shares, and that I can see what I consider to be warning signs. It's not like I haven't seen them many times before.
At around Christmas time, I was as happy as anyone with these shares. But my confidence has slowly been eroded over time. And quite rightly too.
Of course there's gold there. I know that. I'm not saying there isn't any at all. Just that it may well not there be in the envisaged capacity or attainment.
And to reiterate, I truly hope it comes good and the potential starts to become fulfilled. But for now I'll invest elsewhere.
I'll be back.

I'm certainly not trolling. It's just an opinion. I'm just happy to discuss demerits as much as merits. It stops me acting in such a blinkered fashion. It's always best to consider all the possibilities before making judgements. Realisation sets in at different times for different people.

I've been selling my holding at various prices from just below 4p and downwards from there. I sold the last of my shares yesterday. Until good news hits, this can only go one way, and the longer we wait, the more this will drop. I'd like to get back in at some point, and I'd be happy to catch it back on the up. But the longer this goes on the more I believe that we're not getting even an adequate jv because the gold just isn't there. It seems to be staring us in the face, but nobody wants to admit it. Everyone's in denial.
My money will serve me better elsewhere for now. I hope you all get the good news you're hoping for. And I hope you get it quickly.

Cheers Mark.

Ohwhatif: Yes I've got the sane problem. I thought it was my phone because there's a few things playing up. Hopefully it'll right itself before long.

I'm in agreement with bonzob. The interview was nice to hear, but conduct a podcast interview with pretty much any CEO of any company, and you're going to get upbeat, positive overtones.
He was a bit vague at times, and there was a lot of talk about what he'd like to do. But I think that come the end of May we'll have a far better indication of wether Francesco is putting into practice the things he's currently talking about. Talk is one thing, action is another.
Also, it's a pity that the interviewer didn't ask him why he waited so long before informing investors about the court case rescheduling.
Anyway, overall I'm happy to be in, and happy to sit and hold.

I'm more interested in learning in detail what they intend to do with any money they receive.
That information could really make a difference to the market.

Tut tut. Such vulgarity.
If I was a dinosaur I wouldn't mind hearing of something different that may or may not be of interest. It's not as if anyone's forcing me into anything.
Anyway, I did say let's get back to ecr, and it's you that carps on, keeping the thread alive for some reason.

Suthy. I'm pretty sure I wasn't suggesting any physical comparisons between gold and crypto mining. But thank you for your very brief explanation on what crypto mining actually is. I honestly had no idea. That explains why I drew a blank in my research on crypto mining drill rigs!

Mulletman. Fair point about the destruction of digital assets. But that highlights the value of developing security in the sector. There's a lot of sharp minds that have a technological understanding beyond our comprehension working on it. Backed by equally sharp economic minds.
Yes of course it's a risk, but the risk reduces over time. Unlike precious metal mining where the risk of actually finding something can only increase.
Anyway, as someone just said, let's get back to ecr.

Tamer it really isn't as simple as Elon vs Bill. But if it were, and I've got as much respect for Bill as anyone, who has been the most successful? Yep, that's right. And by a million country miles.

Mulletman, there really is no reason to humour me. I'm not looking to wind anyone up, and I'm not looking for confrontation.
I'm not going to pick through all of your post, I'm not here to argue. And for what it's worth I agree with a lot of what you say. Specifically on security. For the record I don't own any crypto currency, neither am I invested in any established miners. I am invested at the ground floor in a fledgling miner, who's potential I believe to be something spectacular. And, going back to the subject of security, blockchain. How much would a company be worth if it could provide the security, and hand in hand along with total transparency of all crypto dealings? I'm invested in the potential there as well.
I appreciate that I use the word potential a lot. And that's what it is right now. It's all a case of risk vs reward. That's why we're all here.
Anyway, enough rambling. I hope you all get richer off ecr, as I will also.

Crikey! I didn't realise that the posters on this board where so well connected with the governments of the world. So much so they know what they will and won't accept, and are privy to planned rule changes.
Ok, back to a bit of debate. The cost of mining crypto? Compared to the cost of mining gold with all its physicalities? With crypto the reward ous definitely there if you've the ability to earn it. With gold it's speculation, best guesswork. It may not even be there. All that expense wasted. Something that many a miner has past discovered.

Forgot to mention ? Is that a new revelation that you've just unearthed? How is a digital asset less real than a physical one? It's not a figment of the imagination.
And for my continued progression, I would greatly appreciate it if you could enlighten me as to what this hybrid model actually is?

For what it's worth I've been a lth here for probably longer than most. And I'm not leaving anytime soon. But I certainly will be getting out at some point.
Im not suggesting that gold has had its day, not at all. Not yet anyway. But the market place can only accommodate so much. So as crypto currency works it's way into everyday life, something eventually has to give. The Argo CEO is going to take his salary in bitcoin. Who gets paid in gold or silver?
Yes gold has been on a roll for five thousand years. Although I don't think it's been quite that long. But anyway, gold had been on the planet long before the dawn of man. And yet it's only been valuable for a relatively short period of time.
Crypto has been around for five minutes in comparison. And look at the impact it's had in that short time. Just saying.

The price of precious metals could well be affected by the rise of crypto currency.
There will always be a market for gold and silver, they will always have practical uses. But as bitcoin gains in popularity, gold will take take more of a back seat in the currency market.
It may well be a fair way off, but each step bitcoin takes towards mainstream negates the value of gold.
All just my opinion of course, but times change.