Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ah Denby, I see your original post has been removed by the Mods.
Anyway, I've filtered you now so as to not waste more of my time.
Pathetic and childish post. Exactly what I'd expect from you.
Denby looking for a lower entry point.
It might come mate, it might not, but not because of anything that you write here.
Thanks for the insight...
You made money - it's a good trade.
It's not my current strategy. I sold 75% on the way up and have had a couple of nibbles on the way down, at 82p and 64. I'm back to 60,000 shares atm. I'm looking to hold these over the year and will add more significantly if we drop down a lot further.
Like I say - you made money.. it's a good trade!
So they mine mainly BTC and a little Zcash. No Eth.
I'm not sure of the percentage of BTC to Zcash off the top of my head. But by far the most is BTC.
Stupid post.
@Yemaj
I've read what you have written. Objectively it doesn't have any meaning to me. I'm not being funny here. I'll try to break it down to explain:
"When I posted my genuine concern days ago, it was like nah you don't know what you are talking about
90p was a steal, a bargain etc"
If you had genuine concerns then I assume you sold? Or your concerns weren't strong enough to persuade you to - this is your business. There is nothing of value here to me as an investor in the company. What is your point? That you predicted the short term price movement but didn't act on it?
"Can the so called experts still come up and talk now?
You holding since 10p does not mean you have all the facts at hand."
You've called people experts - you have. I've not seen anyone claim to be an expert here and if I did see that then I'd ignore the claim. You've said that people holding since 10p does not make them experts, does not mean that they have all of the facts to hand. You've labelled people experts and then said that they aren't. This is just an internal contradictory monologue that you have chosen to share.
"It appears ARB is taking everyone for a ride, and I even suspect PGW is on this form but with alias. Hahahaha"
What you have written is subjective and I assume a joke? Again I don't see this as having any objective value. The only point I see here is that you somehow feel tricked because the price has gone down?
"The best line - The Yanks will come to the rescue, NASDaq listing coming up Next."
I see no value in what someone may have said about a share. Even less in what someone says about what someone says!
So Yemaj, the only actual content I see here from you is an emotional one. You are letting out frustration. Emotionally you may have a point: that you are frustrated.
Try to relax and look at the broader timelines. This is a leveraged play on a very volatile asset. It will have very significant swings in both directions. If you are not ready to deal with that then genuinely there may be better options for you - Index trackers, gold ETFs etc. Your wellbeing is more important than your wealth.
I'm not sure what the point of your post is. Are you an owner of the stock?
I see that this isn't the first poor post that you have made here Cindy. The below was also you:
"I think the one thing your all missing, if Argo blockchain and crypto, like bitcoin have a massive gain in the coming years, you get taxed on your gain in Argo gains but not taxed on your crypto gains. Gla"
When the exact opposite is actually true as ARB stocks can be bought in an ISA whereas BTC is liable to Capital Gains Tax.
Please try to do a tiny bit of research before writing, or are you really so arrogant to think that what you say can affect share price and let you in at a lower point? Surely not...
This alleged 'double spend' is FUD spreading. There are numerous articles and youtube videos demonstrating that there was no double spend.
Please don't come on to this board spreading ill researched FUD Cindy. Lazy or malicious- Neither are welcome.
Yes, this is correct. Riot and Mara being the competition referred to I believe. Mara are the company who have bought 10,000
Personally, I'd love a drop down to the 20-24k level for BTC. Appreciate this may not be a popular opinion!
No problem. Fingers crossed PW has more to add.
IMO, no. Still too many positive comments. Capitulation is despair. We aren't there yet...
ARB price completely reliant on BTC price of course. We'll see where it takes us. To me the goal is to be prepared for moves in either direction.
It doesn't matter. At all. Not one little bit. What kind of investor worries about the price tomorrow morning?!
If you are invested here then I assume you know a tiny bit about BTC and the cycles that it moves in? The potential over the next year or 3?
The price will act as a leverage on the BTC price. Whichever way that moves will be the irrelevant one day movement.
So much nonsense on this board over the last few days.
It's a tired old narrative that has been disproved many times.
Business as usual.
So, my thoughts for what they are worth to the board:
1. Getting £22million of institutional investment at 80p is a great move. I appreciate that it may not feel like that to people who bought in at £1 plus, but remember this was at 8p not long ago. To get that kind of confidence from institutions in huge. It enables a 60% increase in hash rate for a 9% dilution.. It's a long term win.
2. This board has understandably gone down hill fast due to people buying in simply because the price went up. Only thing that I have to say on this is that I think the market will bail out these people over the next year.
3. I believe that we will be on the Nasdaq this year. At that point, and assuming BTC continues to rise I think we will have a share price north of £3. Possibly as high as £10.
You'll see from my chat history that I bought in at about 7p and sold 75% of my investment on the way up. Given the improvements in the company due to the new investment I have today bought more stock here for the first time since the rise. If BTC drops down to the 25k range then I will look to invest more.
This is a year or more play. Please try to ignore the short term swings and keep the board informative.
GL all holders.
It's not the last one. See the Q&A videos for comments on warrants.