1 day ago
99 days ago
142 days ago
In today’s podcast I discuss: gold, bitcoin, Argo Blockchain (ARB) and why it is still burning cash, FCA failings, statements needed from Chill Brands (CHLL) and Supply@ME Capital (SYME) and the latest shocker from Vast Resources (VAST), Roland “fatty” Cornish and his pal the sex therapist.
155 days ago
Excuses are like arseholes. We all have them and nobody cares. And so just four weeks after raising £7.8 million at 20.5p Argo Blockchain (ARB) has fessed to a piss poor January but of course it is not its fault. The shares are now 14.75p suggesting that the placees, suckered in by a ramp up to 34p, have already been well and truly bummed. But not as bummed as those private investors who fell for the ramp.
189 days ago
I start with a big day for Joshua. I guess if he does get into expensive King’s Chester any thoughts of imminent retirement are off the table. Then it is Peter Brailey and Serinus (SENX), Diversified Energy (DEC), Vast Resources (VAST) and NightCap (NGHT) where, in both cases, AIM Regulation must act, Argo Blockchain (ARB), still a short at 14p, and Supply&ME Capital (SYME) and doing the granular maths on when, not if it is a zero
207 days ago
As I write, shares in Argo Blockchain (ARB) are trading, down again today, at 15p. Just 17 days ago some folks were paying 35p for the shares. If you have had your pants pulled down on this one you must be asking what the hell happened?
224 days ago
In short, the answer to that question is that there is more chance of me shagging Cheryl Cole. But now to the long answer as Argo Blockchain (ARB) has passed the hat around yet again for dumb fund managers to piss away other folks cash for the umpteenth time.
224 days ago
I start with a few domestic matters before discussing bank debt ref Horizonte Minerals (HZM) and Canadian Overseas Petroleum (COPL). Then it is onto Kefi Gold & Copper (KEFI), Ben’s Creek (BEN), Argo Blockchain (ARB) and in detail Technology Minerals (TM1)
256 days ago
With bitcoin on the up, along with gold, you might expect bitcoin miners to be making hay while sun shines. But are they? Today we have a November trading update from Argo Blockchain (ARB) and as ever it tells us what sounds good but it does not tell us what really matters.
268 days ago
Struggling and drowning in debt bitcoin miner Argo Blockchain (ARB) still describes itself in today’s RNS as “a global leader in cryptocurrency mining.” Heck, if it is a leader, I’d hate to see what one of the laggards looks like. Anyhow the global leader is spaffing shareholders cash has a new CEO, Tomas Chippas who joins with immediate effect. So what is his CV really like?
281 days ago
In today’s Bearcast I discuss the fraud Tingo (US:TIO), Ariana Resources (AAU) where I disagree with my bullish fellow shareholder Nigel, Victoria (VCP), Gear4Music (G4M) and Argo Blockchain (ARB).. My Ukraine/Russia podcast is HERE
395 days ago
At last year’s Sharestock, that fellow from Boatman Capital patiently explained how Argo Blockchain (ARB) never had made money and never would make money whatever the bitcoin price. And that is why its shares have a fair value of £0. Of course, as bitcoin surged in the first half of this year some investors with PhDs in ignoring FACTS thought they knew better.
472 days ago
A trading update is meant to inform by posting key metrics. You can therefore assume that any company posting an operational update which excludes the key metrics has something to hide, that is to say bad news. And that brings us to a July operational update from Argo Blockchain (ARB).
483 days ago
In today’s Bearcast I discuss Optibiotix (OPTI), Kefi Gold & Copper (KEFI), THG (THG) and Argo Blockchain (ARB).
483 days ago
These bonds were issued with an 8.75% coupon at $25 and are due to be redeemed in full in just three years. They are either extraordinarily cheap or the equity is extraordinarily overpriced even after its sub-scale fund raise this week. Let me explain.
484 days ago
First, thank you for kind words on my in-laws and yesterday’s burglary. Then it is onto Ariana Resources (AAU), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX), Tintra (TNT), Canadian Overseas Petroleum (COPL) and Argo Blockchain (ARB).
484 days ago
In the first half of 2022 Argo Blockchain (ARB) burned cash despite the bitcoin price averaging $37,000. With the bitcoin price higher than it was but nowhere near $37,000 let alone a level that would ensure cash neutrality, the company’s shares were ramped up to 17p on the basis of some low grade pumping. After the pump…
485 days ago
I start with why I have reported a Predator Oil & Gas (PRD) shareholder to the Leicestershire OId Bill – #BoycottWoodlandsWholesaleNursery. I’ve had enough of it all and sooner or later some moron is going to get his collar felt. Bring it on. Then it is onto Versarien (VRS), Zoo Digital (ZOO), actors and porn actors and the march of AI, MGC Pharmaceuticals (MXC) and Argo Blockchain (ARB) whose shares are surging.
506 days ago
I start with bollocks talked all round today about bailing out those suffering mortgage misery. Blah, blah, blah. Then it is on to bitcoin and Argo Blockchain (ARB), a deep dive into the stinkiest deal done in eons, Hydrogen Utopia (HUI) is the culprit. Then I look at Conroy Gold & Natural Resources (CGNR), more nonsense from Chill Brands (CHLL) and why Bidstack (BIDS) may go bust and why I hope it goes bust. En passant, I mention Cook’s Coffee (COOK) and the disgraced Andrew Monk who IPO’d it.
514 days ago
Natch, the May operational update from Argo Blockchain (ARB) is highly selective, missing out all the really bad bits. But there is enough there to see that it is not generating cash and that it is creaking under mountainous debt.
515 days ago
For reasons I cannot explain the bitcoin price surged in the first quarter of calendar 2023 so Argo Blockchain (ARB) prospered right? Er…wrong. Quarterlies out today are dismal and what it does not say about the current balance sheet should have shareholders running for the hills.
541 days ago
I start with domestic woes and legal opinion on the claims of the IRA man. In the main body of today’s podcast I look at Purplebricks (PURP) and the role of Neil Woodford and Link. I cover Microsaic (MSYS), Deepverge (DVRG), Pantheon Resources (PANR), Asimilar (ASLR), Argo Blockchain (ARB) – placing at 6p?. I also relay the thoughts of the world’s greatest living expert on musicMagpie (MMAG) and why it is doomed. If you hurry and book a seat at Sharestock – where less than a third of seats are still free - you can meet the expert, who was also a great Quindellologist – on September 23. You can book HERE
553 days ago
I start with discussing how my late Dad would have been fired had he still been a lecturer at Warwick University today. I am sure that I’d be getting a P45 in the corporate world in the wake of a new survey on workplace alcohol use. Then I move onto Frisby, a star speaker & also singer at ShareStock 2023, and Argo Blockchain (ARB), Versarien (VRS), UK Oil & Gas (UKOG), Supply@ME Capital (SYME) and in depth lessons from today’s collapse at Purplebricks (PURP), one I did get right. I also discuss the weather and, in that vein, urge you to donate to a great cause HERE.
560 days ago
I am still celebrating Star Wars Day and discuss Tintra (TNT), Argo Blockchain (ARB), Deepverge (DVRG), Microsaic (MSYS), the madness at Mosman Oil & Gas (MSMN) and the black hole at Bidstack (BIDS), hence its delayed results
562 days ago
I end with my wife volunteering me and the kids for enforced community jollity as she heads off for a night on the lash. It is a good job I am such a progressive husband. I start with a personal finance tale and mortgages then look at how the FCA could be culling a raft of Standard List dogs at a stroke within months. Then I look at Supply@ME Capital (SYME), Argo Blockchain (ARB), Pensana (PRE) and, in detail, at Bidstack (BIDS).
578 days ago
I start with that morning with the Fuzz regarding Operation Cassady which was fascinating. Then it is onto Wandisco (WAND), bitcoin, Argo Blockchain (ARB), Online Blockchain (OBC), Deliveroo (ROO) and Manolete Partners (MANO).
589 days ago
I start with travelling to Greece news. Boy I am tired. Then the latest knob sending me a lawyers letter. Then Okyo Pharma (OKYO) and Argo Blockchain (ARB).
615 days ago
In today’s podcast I look at Credit Suisse and the banking crisis, bitcoin, gold, Argo Blockchain (ARB), Online Blockchain (OBC), Mode Global (MODE), Okyo Pharma (OKYO), Virgin Wines (WINO) and Versarien (VRS) in light of the bombshell here earlier today.
616 days ago
In today’s Bearcast, I discuss Power Metal (POW), Versarien (VRS), including why Dianne Savory OBE should be publicly apologising to my wife today, Verditek (VDTK), Victoria Oil & Gas (VOG), Aferian (AFRN) and Argo Blockchain (ARB)
619 days ago
At the start, the February update from Argo Blockchain (ARB) looks like all the other monthly updates up until December. It gives the number of bitcoin mined, an excuse for why it is a piss poor number and then the number of bitcoin equivalent held at the period end. And then…
625 days ago
This is a good start to the day and my decision to run a slight legal risk HERE yesterday looks to have paid off as I try to force my old school to deal with historic abuse. After that I look at Ben’s Creek (BEN), Conroy Gold & Natural Resources (CGNR), Eurasia Mining (EUA), Argo Blockchain (ARB) and Vast Resources (VAST).
648 days ago
I explained why I expected Argo (ARB) to go bust during 2023 yesterday HERE after scallywag CEO Peter Wall jumped ship. I am not to the only bear in town. Jeremy Smith of broker Fiske does not hold back, opining:
651 days ago
In today’s main bearcast I look at Love Hemp (LIFE) or should that be (DEATH)? then at Microsaic (MSYS), Advanced Oncotherapy (AVO), Guild ESports (GILD, Argo Blockchain (ARB) and finally Afentra (AET) after today’s dynamite dossier HERE
651 days ago
The man who sold £3.5 million of shares at 243p AFTER sounding out folks about a placing which took place a few days later at 200p is gone. Yes, Peter Wall the CEO and ( for 18 months) “interim” chairman of Argo Blockchain (ARB) has announced his resignation with immediate effect.
652 days ago
In today’s long Bearcast I discuss Kefi Gold & Copper (KEFI), Sosandar (SOS), Argo Blockchain (ARB), Ben’s Creek (BEN), Cellular Goods (CBX) and an IPO from Primary Bid and the spivs at Novum to avoid like the plague: World Chess
654 days ago
Both Canadian Overseas Petroleum (COPL) and Argo Blockchain (ARB) have featured here as shorts. Let’s start with the undoubted success.
659 days ago
I start with a meeting at the Ha Ha earlier. As each day passes more details are inked in for ShareStock 2023 on September 23rd. More details and ticket booking is HERE. Then onto Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Vast Resources (VAST), Argo Blockchain (ARB) and then poor Gary Newman and the effect of those poisonous spiders he kissed from Suriname and Audioboom (BOOM)
659 days ago
I start with the news that the Welsh women and men’s soccer teams will now get equal pay. Does nobody understand economics any more? Then it is onto bitcoin and also Argo Blockchain (ARB). Then Advanced Oncotherapy (AVO) which sounds madder by the day. It certainly does not understand economics. Then nanosynth (NNN) and finally Omega Diagnostics (ODX). I wonder how this Saltire flying Scottish dickhead is doing these days?
661 days ago
Yes its my birthday. Ahead of a cake made by the Mrs and a takeaway from what I am told is the finest Indian in Wrecsam, I discuss musicmagpie (MMAG) in depth, Argo Blockchain (ARB) en passant and Trustpilot (TRST) in depth.
664 days ago
In today’s podcast I look at nanosynth (NNN) and why its RNS crimes do matter, Argo Blockchain (ARB), Kefi Gold & Copper (KEFI), Reach (RCH), Cellular Goods (CBX) and Colin Bird POS Tiger Royalties (TIR) where data today shows how a recent placing only postponed death.
667 days ago
Oddly, Argo Blockchain (ARB) has only now disclosed that its Helios bitcoin mining facility in Texas (now sold) was shut down by bad weather for most of December. Normal companies might have mentioned it at the time but since when did disgraced CEO Peter Wall give a FF about the rules?
673 days ago
Eldur Olafsson of Amaroq (AMRQ) thinks I am a member of the British establishment. I explain why I am not. No doubt Sir Arthur Cochrane would view me as he viewed his daughter, my grandmother, as a “traitor to our class” But I am. and explain why with reference to Eldur’s company. Then it is onto Zak Mir and the Okyo (OKYO) scandal. Your link to his video is HERE. And the photo below is of Zak himself relaxing today at the Carlton Club. That is the establishment today which makes me so hostile to it all and determined to be a simple goat farmer. Then I answer a, rather unfair, question on Yourgene (YGEN) before looking at Argo Blockchain (ARB) and Angle (AGL)
674 days ago
I start with a bit about weather, snow rain and drought. Then gold vs bitcoin, Enwell (ENW), Ferrexpro (FXPO), Harland & Wolff (HAWL), Argo Blockchain (ARB), Powerhouse Energy (PHE) and Pantheon Resources (PANR) before ending with Vast Resources (VAST) where a placing at 0.1p is surely being attempted after today’s incomplete news.
680 days ago
In today’s Bearcast I discuss Chill Brands (CHLL), which fesses to another TW Gotcha, as it serves up piss poor numbers. Then Cellular Goods (CBX) which I cannot see digging itself out of a hole of insolvency. Finally Argo Blockchain (ARB) which has merely postponed death by 8-15 months with today’s announcement. The target is still 0p.
683 days ago
I start with a rant. Then I go onto look at Canadian Overseas Petroleum (COPL), why I am less bullish on oil than Gary Newman, Argo Blockchain (ARB), AAA (AAA), Asimilar (ASLR) and Audioboom (BOOM)
683 days ago
Is there a growing cash crisis at Ben’s Creek (BEN)? In short, and you should be, YES.
689 days ago
The Greek Hovel olive harvest is done and I am soon off to the press. Phew. In today’s podcast I discuss Shield Therapeutics (STX), FinnCap (FCAP) and Argo Blockchain (ARB)
689 days ago
So the rapidly deleted web pages from the Argo Blockchain (ARB) website, which you can see HERE, were real – it ‘fessed last night, Chapter 11 is a very real possibility. The statement will bring no comfort to the bulls bit at least it means the shares can trade again and they have duly slumped by 48% to 3.5p. That is 3.5p too high.
692 days ago
We still have no statement from Argo Blockchain (ARB) regarding its share suspension on Friday and a possible Chapter 11 filing. But if you think Argo has problems ( it does it is bust) have a look at its main bank, NYDIG, the company’s primary secured lender.
692 days ago
I explain my latest Albanian problem on day three of the harvest. The it is onto Kefi Gold & Copper (KEFI), Yourgene (YGEN), Kibo (KIBO), Procook (PROC) and Argo Blockchain (ARB). There is a bit of swearing for Catriona and Matthew’s Dog since Matthew and C’s Dad have both donated to the Woodlarks Christmas appeal. Thanks to them and you all we are now at 64% of target. If you are yet to donate, please shut me up and donate HERE.
692 days ago
Tom First things first. We have now passed 50% on the Woodlarks Christmas appeal. If you can help us raise just another £1500 by donating a tenner we are there. Please donate HERE. Secondly Argo Blockchain (ARB) shares have been suspended. An extra ouzo for me tonight. I discuss reference the screen grab, of a page now deleted by Argo or maybe not, below.
696 days ago
First it was Viceroy Research savaging Home REIT (HOME), now Boatman Capital, the entity that exposed Babcock (BAB) and Argo Blockchain (ARB) has joined the battle. It claims to be long not short but its letter to Home below is damning and makes it clear that heads need to roll. Enjoy.
696 days ago
Thanks for all the kind wishes about my health and that of Joshua, we seem to be on the mend. In today’s podcast I discuss Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Argo Blockchain (ARB) and – in detail – Victoria (VCP)
703 days ago
On 7 October Argo Blockchain (ARB) announced a series of measures to raise $39.5 million and claimed that this would be enough to last 12 months. Now I have doubts about that claim but unfortunately a proposed $27 million placing fell through so where is the company now?
704 days ago
I start with the reason for no bearcast yesterday and end with my virtue signalling siblings lining up to be mugged. In between I look at Strix (KETL), Argo Blockchain (ARB), Chill Brands (CHILL), Cellular Goods (CBX) and the CBD pain myth exposed and also at Tomco (TOM) and Shield Therapeutics (STX) where I sense PL will be apologising to the master soon.
724 days ago
I start remembering a career moment of shame involving Colin Bird and that brings me to Xtract Resources (XTR) where for all Bird’s dissembling surely a placing is underway? I look at the joke company eEnergy (EAAS) and the disgraceful antics of Justin the Clown. I cover nanosynth (NNN) which I expect to go bust by New Year’s Day and Argo Blockchain (ARB) which I think is already bust. I explain how it can avoid paying its bills for a while. Then I look at “wonder stock” Atlantic Lithium (ALL), its £1 billion NPV and how robust that is, its management, the various red flags and the inevitability of a near term placing. There are bull points here as well as bear.
726 days ago
I start with a few words on Jubilee Metals (JLP) and Bluebird Merchant Ventures (BMV). Then some Trustpilot detective work on AQRU (AQRU) which, I predict, will go bust in 2023. I move on to Xtract Resources (XTR), Shearwater (SWG), Alliance Pharma (APH) and then to the impending demise of Applied Graphene Materials (AGM). Gotcha! I also cover Argo Blockchain (ARB) which I still have down as a 2022 bust, maybe as soon as this week
726 days ago
In the bitcoin, NFT, blockchain frenzy of early last year the gang of Mike Edwards, Jonathan Bixby, disgraced Peter Wall of soon to go bust Argo Blockchain (ARB), disgraced broker Andy Frangos of (has just gone bust) Pello infamy and proven liar John Story staged a number of heists, or as they termed them IPOs.
731 days ago
Yes, if it sounds to good to be true it is too good to be true. But some folks still think that it is true. The company is, of course, Argo Blockchain (ARB). I think it could go bust as soon as this week but there are others who know better.
732 days ago
Even Pete Brailey the most staunchest of Tory members you could ever meet says he has given up on the party after today’s budget. I go through two lies Jeremy Hunt told and consider how he has screwed the poor, those of us running SMEs and is protecting super rich folks with sons at Eton with another lie. Like Peter I shall not vote Tory next time. Then onto a man who is not a liar, Optibiotix (OPTI) boss Steve O’Hara and the presentation he gave today which is below. I mention Skinbiotherapeutics (SBTX) and an email exchange today at this point. Then a few words on Kefi Gold & Copper (KEFI) follow then on to Argo Blockchain (ARB) which I expect to go bust next week and Ceres Power (CWR) whose valuation is still bonkers despite the shares slumping by 80% since peak ramp.
732 days ago
Peter Wall the CEO and interim ( for more than a year) chairman of Argo Blockchain (ARB) has been caught with his governance trousers down yet again. When will the regulators accept that Wall is a bad actor who should be ejected from the PLC stage?
732 days ago
I start with the macro babble and surging equities explaining why, I think, rubbish stocks have done the best today. I look at Cineworld (CINE), Versarien (VRS), Boohoo (BOO), Pure Gold (PUR), Argo Blockchain (ARB) and Victoria (VCP)
732 days ago
The bond market is nearly always a better guide to the value of equity than the equity share price since the latter – in situations of distress – is largely driven by bulletin board morons in denial who are trading the stock while institutions are unable to sell large positions so just sit there like rabbits in the headlights waiting for the end. So there are some folks who reckon that buying Argo Blockchain (ARB) shares at 8.5p giving a market cap of £40 million is smart…
735 days ago
I start with a few words on UK press coverage of the mid terms. No the Democrats have not won! Then I look at bitcoin and its woes, Argo Blockchain (ARB) – bust by next week? – Revolution Beauty (REVB), Boohoo.com (BOO), Novacyt (NCYT) and Nightcap (NGHT) and the problems a CEO has when the media blows smoke up his or her arse for too long.
735 days ago
Maybe I shall save the celebratory ouzos for tonight and double up as I watch liberal tears as we see a Red Wave in the mid terms. I discuss that briefly then go on to look at Applied Graphene (AGM) and what it is like running a company facing corporate death as well as the ethics of my scoop last night. I look at Online Blockchain (OBC), Mello destroying its brand c/o Zamaz (ZAMZ), Argo Blockchain (ARB) and a couple of points about Seraphine (BUMP) from an accounting perspective and in terms of changing consumer behaviour and also how as a bear one can do non financial DD.
735 days ago
You really cannot say that you were not warned over and over again by this website that Argo Blockchain (ARB) would make rich knaves such as CEO Peter Wall, disgraced broker Andy Frangos, paid share ramper (sorry “journalist”) Zak Mir and proven liar and rule breaker John Story richer while screwing ordinary shareholders. The game is almost up. The Fat Lady is gargling. Today’s October update is a disaster.
743 days ago
I start with a bit of political betting – folks like Lucian will be wailing as the Donald makes his come-back. I kid you not. Then how ill prepared companies are for the coming economic and stockmarket shit-storm. Two case studies I mention which are, IMHO, uninvestable are Rosslyn Data (RDT) and Yourgene (YGEN). Then onto why Argo Blockchain (ARB) and its dead cat bounce is a chance to add to one’s short.
750 days ago
I start with proof below of what an “earth mum” I have become and the blue tick issue on Twitter. Then I look at Avacta (AVCT), Chill Brands (CHLL), Wildcat Petroleum (WCAT), Pure Gold (PUR) and ouzo for Nigel and then Argo Blockchain (ARB) a triumph for the forces of good, transparency, honesty and hard analysis. That is to say myself & Boatman Capital. And a disaster for certain named individuals who are drawn from the forces of evil.
750 days ago
Fear not. All of the rogues involved in ramping this one over the years have already made vast sums through share dumping and bloated cash payments. Peter Wall, Zak Mir, disgraced broker Andy Frangos, Adrian Beeston, John Story the list of colourful characters goes on and on but they are all okay, there is no need for them to launch a Go Fund Me page. But, Argo Blockchain (ARB) served up dire news this morning which means those mug punters, bulletin board morons and institutional investors alike, who have ignored my numerous explicit warnings, will soon do their conkers.
750 days ago
In today’s podcast I cover Bidstack (BIDS) where after today’s disingeneous ‘fess up folks are delusional. Then I look at Parsley Box (MEAL), Vast Resources (VAST), Canadian Overseas (COPL) and Argo Blockchain (ARB
762 days ago
This is clearly a disorderly market. If the investor flagged up by Argo Blockchain (ARB) who was thinking of investing £24 million at 27.6p is going ahead the shares are dirt cheap as a trading buy. If not then, ceteris paribus, Argo will have gone bust by Christmas. It is a binary bet and Mr Market is telling you that it looks more like the adverse outcome than the positive one. But we can all agree the market is somewhat disorderly. So what the feck are the Oxymorons at AIM Regulation playing at?
762 days ago
Mr. Market is telling you that there is something horribly wrong at Argo Blockchain (ARB) and that could well be a looming insolvency. A company that really was going to raise £24 million at 27.6p as Argo promised it would on October 7 would not see its shares languishing at 12p to sell. I have written to AIM Regulation as this is, one way or another, a false market.
766 days ago
The title is self explanatory on all counts. I discuss Purplebricks (PURP), the housebuilders where comrade Malcolm Stacey is very wrong, Mothercare (MTC) maternity bras and a 0p endgame, Deepverge (DVRG) and finally Argo Blockchain (ARB) which needs to come clean NOW.
767 days ago
On 7th October Argo Blockchain (ARB) announced a three part emergency refinancing package. Two parts will see it limp through to November without calling in the administrators. The third part was news that an investor was preparing to stump up £24 million at 26.7p. But today the shares have fallen, again, to just 14.75p. Surely the Oxymorons at AIM Regulation must force a statement to clarify two vital matters:
768 days ago
I explain what the other is and why I deserve a glass of the nectar of the God’s later. It is all to do with Deepverge (DVRG) and the vindication of yesterday’s scoop. I also explain for BB Moron Stuart Little why breaking the news of the placing was not only not illegal but was a real public service by me and also why I shall be writing to the FCA later asking for it to investigate placings by Turner Pope and Turner Pope’s clients. Ben and James, a.k.a. the Mitchell Brothers, that letter is not “market speculation” it is fact you dimwitted bellends. Then it is onto Argo Blockchain (ARB), Vast Resources (VAST) and to Wildcat Petroleum (WCAT).
770 days ago
I look at unemployment data and why it is utterly misleading whatever the wretched Tories claim. Lies, damned lies and statistics. Then at what share prices can tell you: Versarien (VRS), Nightcap (NGHT) and Argo Blockchain (ARB).
770 days ago
Last Friday’s news of an emergency refinancing package at Argo Blockchain (ARB) made clear – as I explained HERE – how bad the cash crisis has become. Today’s September trading update makes it so clear that even Stevie Wonder can now see what is happening. The update is a car crash from start to finish but Argo uses its same cut and paste from better times and says that it is “pleased” to provide the update. Yeah: whatever.,..
770 days ago
It never rains but it pours. I shall turn to today’s disastrous trading update from Argo Blockchain (ARB) shortly. But first, news comes in from New York of a potential class action against Argo ands its board, prompted by an investigation as to whether Argo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Of course they have!
771 days ago
Today is Canadian Thanksgiving so if this podcast is late it is because Darren and other folks in the socialist hell hole are giving thanks to a God they do not believe in for not being American. Normally they all celebrate with roasted turkey but after a few years of President Castro-Trudeau many of them have been forced to become vegans under the latest Hate Crime laws or will be chasing their cats as Felix will be the main course on the only special feast which is now affordable. The screenshot below relates to Zamaz (ZAMZ) as I discuss its latest acquistion where the numbers just do not add up. I also look at Versarien (VRS), Chesterfield Resources (CHF), Argo Blockchain (ARB), asking if the ptoposed funding is for real, and I discuss a weekend chat with ‘arry Adams of Kefi Gold & Copper (KEFI).
773 days ago
I use as case studies in today’s podcast Tern (TERN), Argo Blockchain (ARB) and Bidstack (BIDS) two of which could be singing a duet with the Fat Lady by Christmas notwithstanding receny refinancing news.
773 days ago
Okay you did not need the brains of Lloyd George to work out that this was coming but the stench of panic in today’s package of emergency measures from Argo Blockchain (ARB) should un-nerve even Zak Mir as he is paid to ramp these worthless shares.
783 days ago
I start the podcast with a few macro musings then onto the Lucian Miers stock check list for bears and bulls before looking at Argo Blockchain (ARB) and how it could be a zero by Christmas.
793 days ago
It is hard to know where to start with today’s August trading update from running on vapours bitcoin miner Argo Blockchain (ARB). Suffice to stay it is all fodder for the bears.
811 days ago
A week ago interims from drowning in red flags bitcoin miner Argo Blockchain (ARB) made it abundantly clear that it faced a near term cash crisis. Today another sign that it is readying itself for a bailout placing has emerged. But I foresee a problem.
813 days ago
This will, in years to come be seen as a case study in the invisible hand and creative destruction, that is to say capitalism at work. In times gone by when all the sort of poltroons who believe in Modern Monetary Theory also predicted that the bitcoin price would keep on soaring ad infinitum, there was a rush to build new mining plants in places where there was stacks of spare land and good hook-ups to readily available power, i.e. Texas.
817 days ago
Half calendar year numbers are predictably shite but thanks to the monthly trading updates, opaque as they are, we already had a fair old idea how much in the merde the company is, however much disgraced Peter Wall, and his PR gimps at Tancredi, who refuse to answer simple questions, might try to polish the turd.
820 days ago
I start with a reference to this personal podcast about Christmas Day 1914 HERE. Then it is onto Ironveld Resources (IRON), Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Advanced Oncotherapy (AVO) and Argo Blockchain (ARB) and it is one of two more reasons given to book your seats at ShareStock on September 10 NOW HERE
820 days ago
It s just 16 days to Sharestock and I bought the big tent for it yesterday!. It will not just be about shares to short. Peter Hambro will talk about gold and how to play it. Chris Bailey will talk about making money from long only value investing in a bear market and 3 CEOs will face a 15 minute grilling from me, including Optibiotix boss Steve O’Hara and Cathal Friel of Open Orphan. But the short sellers presenting are legends.
829 days ago
In three days time I start the drive back to Wrexham and I explain why Chris Gilbert of Fox Marble (FOX) sees nothing wrong happening there but much to the disappointment of many on the LSE Asylum I shall be taking an alternative route home. I flag up now that my output may be limited next Tuesday and Wednesday. I then cover Deepverge (DVRG), Revolution Beauty (REVB) and also in some detail Argo Blockchain (ARB). Then say a few words on Sharestock to which I hope you can book a ticket HERE.
841 days ago
There are many reasons to be bearish of Argo Blockchain (ARB), not least a CEO, Peter Wall, who dumps millions of pounds of shares AFTER sounding folks out about a placing, which took place less than two weeks after that dump. But that is not the only corporate governance issue.
859 days ago
Ahead of my trip to Southampton, I discuss today’s hilarious FinnCrap note on its client, Argo Blockchain (ARB) and Novacyt (NCYT), which is now worth less than net cash. I explain why. Then, it is onto Zoo Digital (ZOO): was the old codger, Malcolm Stacey, right to be so bullish? Er… no.
859 days ago
June’s operational update is truly shocking, and another red flag for the Argo Blockchain (ARB) collection. Natch, with Peter Wall in charge, the statement is disingenuous.
878 days ago
It is all panic here at the Welsh Hovel, as our first Sykes Cottages guests arrive in the annexe. Next week, our first paying guest arrives at the Greek Hovel - which you can rent HERE, although it is pretty much booked out until September. I start with B, and why you need multiple accounts to short; his triumph is on Verditek (VDTK). I then cover Dev Clever (DEV), Tirupati Graphite (TGR), Audioboom (BOOM), Corcel (CRCL) and Argo Blockchain (ARB).
882 days ago
Ahead of that, I describe triumph in the garden. Then, I discuss the accelerating Bitcoin crash, Argo Blockchain (ARB) and Cineworld (CINE).
882 days ago
Bitcoin is crashing once again, and now trades well below $19,000. According to Peter Schiff, the charts point to $10,000 as the next stop. Therefore, shares in Argo Blockchain (ARB) should be suspended first thing Monday; here is why.
884 days ago
I mix metaphors, after a hard session watering the lawn for ShareStock. Thereafter, I discuss: Canadian Overseas Petroleum (COPL); Wandisco (WAND) and a wasted decade; Argo Blockchain (ARB) and why Mark, who is right about most things, is wrong; Vast Resources (VAST); Tertiary Minerals (TYM); Guild ESports (GILD); and Wildcat Petroleum (WCAT).
884 days ago
In today’s podcast, I discuss SUPP (Formerly WPCT), Argo Blockchain (ARB), Cinworld (CINE) and the Vela (VELA)/Truspine (TSP) farce.
885 days ago
Last time Argo Blockchain (ARB) passed the hat around, its disgraced CEO, Peter Wall, claimed that it had no need to issue equity. I put it to you that – as I revealed on Saturday – Argo is preparing to do just that; otherwise, Wall will be treated to another of the Fat Lady’s performances. Moreover…
885 days ago
I am more panicked by the IRA man objecting to my bonfire. Heck, it is not as if it were the 12th July, and I were wearing my bowler hat with an orange sash, is it? In today’s podcast, I look at Skinbiotherapeutics (SBTX); Eurasia (EUA) and a Kraut moron; Supply@ME Capital (SYME); and Argo Blockchain (ARB).
886 days ago
In today’s podcast, I discuss Argo Blockchain (ARB) and why, later today, I shall be wading through 34 miles of nettles. If you can, please donate to Rogue Bloggers for Woodlarks, HERE.
893 days ago
It is back to that Helios deal, which, as Boatman Capital revealed, saw Argo Blockchain (ARB) pay up to $17.5 million for $200,000-valued land. The owners of DPN LLC – bought to acquire the land – were former Argo stockholders. Small world, innit? Now, it gets far worse.
896 days ago
On 18 February, at 25.5p to sell, the big bear call was greeted with abuse from BB savants, who, unsurprisingly, always know better. Shares in Shield (STX) are now 14.6p, and the final collapse to c. 5p is now set to begin. Double up on your shorts. In this podcast, I discuss Argo Blockchain (ARB); Nostra Terra Oil & Gas (NTOG) and its unsavoury CEO, Matt Lofgran – praise be the Lord; then, I look at Genflow Biosciences (GENF), as its shares continue to tank; Challenger Energy (CHAL); Eurasia Mining (EUA); and Petropavlovsk (POG), where the target remains 0p. Finally, I remind you that Rogue Bloggers for Woodlarks is just 4 days away, and we are at 34% of the target. If among the 92% of listeners yet to donate, do give a fiver (or a tenner), HERE.
896 days ago
Later today, I will cover Argo Blockchain’s (ARB) monthly update; it was truly piss-poor, and anyone holding the shares is tonto. But let us start with another red flag: today, the company boasts of doing a deal with the mining rig supplier, ePIC.
898 days ago
I am pleased to announce the 5th of our six main stage speakers. Do join us for Sharestock, the share show with an all-day bar, held in North Wales (by 30 yards). Joining me, Gabriel Grego, Chris Bailey, Lucian Miers and 4 CEOs is…
910 days ago
I’m sorry, but I have a reputation to protect. This is all to do with an excellent cause, which 94% of you are yet to support. Please do so, HERE. I then discuss Bluebird Merchant Ventures (BMV); Amigo (AMGO); Versarien (VRS); THG (THG); Morses Club (MCL); and Argo Blockchain (SPOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOF).
910 days ago
A smattering of not that materially large share purchases by Argo Blockchain (ARB) PDMRs was announced today, together with news that big cheese Peter Wall has exercised options over 430,000 Ordinary Shares. The statement that follows, again, shows what a dick he is and why he is playing us all as fools.
913 days ago
The writing is on the wall for Cellular Goods (CBX), the CBD company floated by Jonathan Bixby, Mike Edwards, Andy Frangos, Peter Wall of Argo Blockchain (ARB) infamy, and serial liar, John Story.
914 days ago
Bitcoin did not crash during Q1; that happened later. As such, today’s Q1 numbers are irrelevant. Even so, as you would expect from the scallywags who run this company, Argo serves up a masterclass in the study of what a “profit” is. It is, of course, just a matter of opinion.
919 days ago
Bitcoin has rallied overnight, and is back above $30,000; that will, no doubt, convince more millennials that BOTFD is the way to make money in a Ponzi. But will the rally continue? If not, this poses – as I flagged up yesterday, here – massive questions for Argo Blockchain (ARB). Bear raider, Boatman, which exposed a host of red flags at Argo, took to Twitter to raise additional issues, and we followed up with an e-chat.
919 days ago
In today’s podcast, I discuss the FTSE 100 sliding; bitcoin’s crash; Coinbase; Online Blockchain (OBC); Argo Blockchain (ARB) and 3 questions Peter Wall MUST answer; Cellular Goods (CBX), where Wall today stepped down as chair (odd timing); Verditek (VDTK); the shame of Innovate UK and ex-footballer and NFT spiv, Michael Owen; Petropavlovsk (POG); and Versarien (VRS), where a cash crisis looms. Now, to brace myself: the mother-in-law will arrive at her new home in just a few hours.
927 days ago
I discuss today’s minor triumph regarding the rule breaking Tory Toff Earl of Shrewsbury and if inflation is not hitting some of us. I look at Vast Resources (VAST) and Avacta (AVCT) but in far more detail Amur Minerals (AMC) and then Argo Blockchain (ARB). There was no Rogue Bloggers for Woodlarks training walk yesterday as I was aching so much from 10 hours gardening on Saturday. Instead I did another eight hours gardening here at the Welsh Hovel. I will post some photos later but I promise you that my body really ached today. Please enjoy my suffering but do not remain among the 97% of listeners yet to donate to this amazing cause, please make a donation – if only a fiver or a tenner – today HERE
929 days ago
I start with a warning of a three day possible bearcast break in the summer and explain why. And of how the cat has stolen all the e’s. Then it is onto the local elections and a warning for complacent Tories about the thief in the night. Then Cathie Wood and ARK which really is going down the plughole. I look at new Sub Standard List IPO Kendrick Resources and give it the Bird. I cover bitcoin, Argo Blockchain (ARB), McColls (MCLS), Kinovo (KINO) – where somebody should be sacked – Wildcat Petroleum (WCAT) and Powerhouse Energy (PHE) . I explain what Steve Moore should do on his weekend “lads break“in Skegness. Oh to be young again. Irony. I forgot to say thanks to all those who have now donated to Rogue Bloggers for Woodlarks. I shall be training hardagain this weekend with a day of gardening and an 18-20 mile walk. Think of my suffering and if you have donated, I thank you, If you are among the 97%of listeners who have not PLEASE DO SO HERE
930 days ago
Of course CEO Peter Wall (who dumped shares at 243p a year ago AFTER starting sounding out folks about a 200p per share placing) insists that this debt is not dilutive. Really?
986 days ago
Obviously I do hope Chelsea goes bust and is docked 500 points and finds itself playing next season in the National League so allowing two clubs to be promoted which might just include Wrexham. But what is happening to the Abramovitch sets a dangerous precedent. I discuss this with reference to Evraz (EVR). I look at Parsley Box (MEAL) and the role of certain institutional investors and also FinnCrap (FCAP) in some detail. I predict Parsley will go bust by the autumn notwithstanding today’s dishonest bailout. I look at Oxford Cannibinoid (OTCP) and the growing scandal there and also comment on Eurasia (EUA), then at Chill Brands (CHLL) and that other Standard Listed fraud Supply@ME Capital (SYME). I discuss Summerway Capital (SWC) and Argo Blockchain (ARB) but I start with a parents dilemma.
988 days ago
I am shortly off to Tesco then will be in action as the family cook. Ahead of that I look at Deepverge (DVRG) run by the arse Gerry Brandon, wondering which will come first, the next trading warning or the next bailout placing, at Mirriad (MIRI) where I disagree with comrade Stacey, Amigo (AMGO), Chill Brands (CHLL), Jubilee Metals (JLP), Supply@ME Capital (SYME), Cellular Goods (CBX), oil, gold and Ukraine and finally at Argo Blockchain’s (ARB) latest news.
988 days ago
The gardening photos from the Welsh hovel will appear later on my own site. Before then I review the 4 retail stocks of the Lucian Miers apocalypse: Versarien (VRS), Supply@ME Capital (SYME), Eurasia (EUR) and Chill Brands (CHLL) and then my 10 stocks to collapse by Christmas. One has fallen so far it is probably not a short now though I would not buy it while three look set to go to zero, possibly as soon as next week in one case. My 10 are Supply, Chill Brands, Versarien, Avacta (AVCT), Wildcat Petroleum (WCAT), Amigo (AMGO), Cineworld (CINE), Argo Blockchain (ARB), Verditek (VDTK) and Tern (TERN). I also look at the oil price and consider whether those sitting on gains might bank a few profits.
993 days ago
I start with events in Ukraine and offer a few thoughts. But I also look at a few companies notably Eurasia Mining (EUA), Versarien (VRS), ADVFN (AFN) – one of which is, I think, a buy – and also, en passant, the fraud that is Supply@ME Capital (SYME) and in the context of bitcoin tanking, Argo Blockchain (ARB).
1003 days ago
On January 7 this year I warned you that Cellular Goods (CBX),was making it up as it went along to hide the failure of the launch of its CBD products. Hey ho. Today it has fessed that,as is so often the case, I was bang on the money. And better still, 360 days after the IPO, founder and CEO Alexis Abraham is walking the plank. Things will only get worse for a company chaired by Peter Wall of Argo Blockchain (ARB) infamy.
1003 days ago
I start with some thoughts on Ukraine and Russia which some of you may disagree with. Perhaps what is happening there will be a handy excuse for Eurasia Mining (EUA) to ‘fess up to the lack of bid? Then onto how bitcoin and other cryptos are faring as a safe haven right now. And why that makes Argo Blockchain (ARB) such a monumental sell. It could utterly implode. I see that more than 25% of posts on the ADVFN Bulletn Board,a few hours ago,were on Shield Therapeutics (STX) with nearly all of them slating me for all the usual reasons. I do not play the man here even though my critics do seem to have the collective IQ of a Cheese sandwich, but the ball and answer each of the bull points made to rebut my bear thesis in turn.
1011 days ago
In a long podcast I explain why the climate has changed so making it a year for the bears and then explain the common thread and individual reasons for my top ten shorts for Christmas 2022. The terrible ten are Supply@ME Capital (SYME), Tern (TERN), Avacta (AVCT), Versarien (VRS), Chill Brands (FRAUD), Amigo (AMGO),Cineworld (CINE), Argo Blockchain (ARB), Verditek (VDTK) and Wildcat Petroleum (WCAT)
1016 days ago
Not, I stress, to Darren. I fired him yesterday as I have done about once a week for nine years. But to someone working at the Welsh Hovel. I explain what he does and ask if I should fire him. Answers in the comments section below. My sense is yes and that his behavioiur is down to massive scale money printing and what comes with it. After that I consider the SEC investigation into the bear community then answer your emails on Kefi (KEFI) and what is happening in Ethiopia this very day. Then I look at Bidstack (BIDS) in some detail and finally at Argo Blockchain (ARB).
1028 days ago
This podcast contains reference to various chats with Lucian on the markets, millennials and on Cake Box (CBOX) after yesterday’s bearcast & the Maynard Paton expose. I discuss what Trustpilot says about the company HERE and Lucian’s road trip to do more due diligence. Re Lucian I also discuss other big blowups that will happen this year and bitcoin. Then there is Amigo (AMGO), Chill Brands (TOAST), MyHealthchecked (MHC), Novacyt (NYCT) and Argo Blockchain (ARB) in light of today’s NFT nonsense but also the collapsing bitcoin price.
1028 days ago
The incestous joke that is Aquis listed NFT Investments (NFT) took another turn today with a related party deal with Pluto Digital, featuring a cast of scampsters including John Story, Andy Frangos, founder of disgraced broker Pello, serial promoter Jonathan Bixby and his brother in law, Peter Wall of Argo Blockchain (ARB). Did you not know that Bixby and Wall were related by marriage? Small world innit?
1029 days ago
I am rather taken with the new cleaning lady the Mrs has hired. She scrubs up well, works hard and her views on a range of issues including masks, vaccines, inflation and the role of the state are thoroughly admirable. And hearing myself and Lucian discuss how mining companies claim to be ESG friendly by hiring loads of lesbians, she thought that a good joke and remarked that my work seemed interesting. That would not be how the Mrs would react, both to the joke and the description of my work. I mention all of this only because Agnieszka has been arguing with her 12 year old son who wants her to invest her wages in bitcoin.
1044 days ago
Fingers crossed. If it is what i have been promised it is curtains for one CEO. In the rest of the bearcast I discuss travails with brickies, M& C Saatchi (SAA) and the saintly Vin Murria, Bluebird Merchant Ventures (BMV),Cellular Goods (CBX),Tern (TERN),ADM Energy (ADME), Supply@ME Capital (FRAUD), Tiger Resources (TIR),UK Oil & Gas (UKOG), Argo Blockchain (ARB) and the changing appetite for bailout placings.
1044 days ago
Tom Winnifrith, bearcast, bitcoin, Argo Blockchain, ARB, SOS, Sosandar, toxic, Union Jack Oil, UJO, Vast Resources, VAST, Eurasia Mining, EUA
1044 days ago
The monthly trading update from Argo Blockchain (ARB) is the usual mix of smoke and mirrors. If you are someone who has waded through the sea of red flags highlighted HERE and still believes there is comfort for you. But if you are a cynic you too will find comfort. Plenty of it.
1071 days ago
I comment on day three of the Greek Hovel olive harvest, a good day but a long one. But I start with Peter Brailey’s piece on Union Jack Oil (UJO) and explain why the company is now possibly the most toxic on AIM. I then look, en passant, at Amala Foods (DISH) and in detail at Tern (TERN) and Argo Blockchain (ARB).
1072 days ago
I have reported on day one of the olive harvest on my own website HERE. Day two was a wet affair and I am cold and shivvering. In a brief bearcast I discuss John Story, Ben’s Creek (BEN) and Argo Blockchain (ARB)
1072 days ago
Recorded from my new studio, that is to say a hired car in Greece, I start with olive harvest news then move onto Versarien (VRS), Supply@ME Capital (SYME), Guild eSports (GILD) and Argo Blockchain (ARB). Natch you’d be bonkers to own any of these four stocks.
1072 days ago
The highlight of this dossier is Boatman demonsrating how Argo’s (ARB) rebuttal of its allegations about a dodgy Texas land purchase made in dossier No 1, just does not stack up. One might even say Boatman shows Argo was telling porkies. Then there is the really sniffy related party investment in a company in all sorts of regulatory scrutiny because of its involvment with disgraced broker Pello and its “colourful” boss Andy Frangos. And it goes on and on. As Boatman points out, if you believe in electronic tulips there are many ways to play bitcoin without buying into Argo’s forest of red flags. Anyone owning these shares is mad. The dossier is below.
1098 days ago
What were the actual net proceeds of the $40 million 8.75% bond issued by Argo Blockchain (ARB)? And why does the shareholder register stink? Let us start with the bond.
1108 days ago
In today’s podcast I look at Argo Blockchain (ARB), at Galileo Resources (GLR) as Colin Bird tried to polish a total turd of drilling results, at why nobody cares about TR1’s even the supposedly virtous folks at Net Zero Infrastructure (NZI) with their patsy Tory career politician NED and finally at the new David Lenigas IPO, Hydrogen One PLC, which is, for so many reasons, a complete and utter disgrace and makes me ashamed to be a capitalist. What is the point of integrity and honesty when shit like this happens?
1111 days ago
I start with a big dilemma regarding neighbour E and bonfire night but then look at four companies: John Lewis, Vast Resources (VAST), Oxford Cannaboid (OCTP) and Argo Blockchain (ARB). I am quite angry today so Matthew & his dog are in for a treat.
1111 days ago
Argo Blockchain (ARB) today ‘fessed that it had briefed someone who appears to be an unemployed fund manager, Anthony Coyle, with price sensitive information some of which he misunderstood and then tweeted it all out. Argo has this morning addressed some of the errors on the, since deleted, tweets but not some that are accurate and even more damning. What on earth is a supposedly grown up company playing at? And now, we can reveal exclusively, that bear raider Boatman Capital has piled in.
1152 days ago
I discuss the Mrs and I both taking tests this morning as we both feel a bit under the weather. Then I look in detail at Chill Brands (CHLL) where the risk-reward of holding until next Thursday is surely terribly unattractive and at Tern (TERN) accounting for Geeks, what is being hidden and why that makes this such a sell and also at Argo Blockchain (ARB).
1154 days ago
Yes, you read that correctly, the US ADR placing of Argo Blockchain (ARB) involved ELEVEN different brokers. Jefferies, Barclays , Canaccord Genuity, Stifel, GMP, Compass Point, D.A. Davidson & Co, Ladenburg Thalmann, Roth Capital Partners, finnCap andTennyson Securities are the team batting for Argo and will no doubt boast that they raised £82.4 million having targeted just £75 million. But…
1163 days ago
a few more words on Umuthi 9UHS) after today’s bombshell and on where it leaves the FCA. Then I flag up a few personal committments which sees me cooking like a dervish for a few days but then I shall be onto my next fraud expose which is also in Africa but this time with AIM listed companies. Then I look at comedy from ADVFN (AFN) ask a serious question abut Chill Brands (CHLL) and the proven liar John Story and finally discuss Argo Blockchain (ARB)
1164 days ago
The cash crisis at Argo Blockchain (ARB) becomes more evident by the day which is why, though this company is heavily operational and financially geared to the price of 21st century tulip bulbs, its shares have massively underperformed bitcoin during its recent sharp rally. Today’s news is that Argo has taken advantage of the bitcoin spike to borrow even more dollars.
1172 days ago
I have already explained why I would not be short of Argo Blockchain (ARB) despite its failure to address Boatman, crazy valuation and other issues. But today’s update on trading in August gives me another reason not to be long.
1180 days ago
I have been a critic of Argo Blockchain (ARB) for an awfully long time. It is run by sharp promoters and backed by some nasty spivs. And it seems to me that it has failed woefully to address the issues flagged up a few weeks ago in the recent Boatman bear dossier HERE.
1183 days ago
In today’s bearcast I look at those failures in detail: Wildcat Petroleum (WCAT), Tirupati (TGR) where you might brace yourself for some language some may deem sexist and not very 2021, and Supply@ME Capital (SYME) where today’s extraordinary news really should alarm any holder. I also revisit Argo Blockchain (ARB) which has published its US listing prospectus HERE which I comment on. En passant, I look at share trading patterns in Versarien (VRS) and Chill Brands (CHLL) and what they tell us about sentiment in what were last year’s Bulletin Board darlings. They are just so 2020 afren’t they?
1188 days ago
I start with the disaster in my study where I am recording as you can see HERE. Then I look at Remote Monitored Systems (RMS), Amur Minerals (AMC), Kefi (KEFI), Dispersion Holdings (DEFI) and Argo Blockchain (ARB).
1191 days ago
I am back in Wales as of the wee hours and reflect on that. Today has been plum harvesting day. In the podcast I look at Jubilee Metals (JLP) where I am out but should i dive back in and Ariana Resources (AAU) where I am in but should I dive out?. Then the two dogs both beloved of the Sith Lord Zak Mir: Argo Blockchain (ARB) and Remote Monitored Systems (RMS)
1191 days ago
Another day and another announcement from Argo Blockchain (ARB) the company that is spending $17.5 million buying some Texas scrub land worth $168,000. It is more green hype which might impress some of the ESG loving millennial fund managers who Chris Bailey is keen on, but cash guzzling Argo refuses to address the herds of elephants in the room.
1193 days ago
There was no RNS when the papers below were filed on April 7. There is no mention in the annual report which came out 22 days later. That is a bit odd given that the cost of this case could run into millions of dollars. Who would have thought after yesterday’s shock revelations HERE that the fine chaps at Argo Blockchain (ARB) would either (again) stand accused of being such rotters and also not tell investors about price sensitive data?
1193 days ago
The proper way to respond to the Boatman dossier was via RNS but that needs regulatory sign off so the fellow who dumped millions of dollars worth of shares at 243p just a couple of weeks before Argo Blockchain (ARB) did a major placing at 200p recorded a video which you can see below. He covers the “report” but does not name it just in case folks actually are encouraged to go read it. It is a poor rebuttal.
1193 days ago
In between visits from two men called Nicho I look at Powerhouse Energy (PHE) & the green bandwagon of fear, Argo Blockchain (ARB), BlueJay Mining (JAY) and the fraud Supply@ME Capital (SYME).
1198 days ago
This 17 page dossier from Boatman Capital of Babcock (BAB) fame is just out this very second and is dynamite. I have repeatedly warned folks that Argo Blockchain (ARB) failed the smell test on a number of counts and that its valuation was insane but even I did not dream that things could be this bad. What is not alleged, but proved, in this dossier is dynamite and the shares should be suspended at once with heads forced to roll over what we now know. Of coursemillenial ESG freak fund managers are still drooling over the company appointing 3 women to the board the other day. To them that is far more important than a Texas land deal that stinks to high heaven and a legal dispute which suggests the company has not a shred of corporate integrity. The FCA may well consider a share suspension, ahead of that the shares are a nil brainer slam dunk sell/short This is superb research. Enjoy!
1215 days ago
Is the sound okay? The arrival of the Mrs and Jayarani means a change of recording location. I start with Peter Brailey’s Predator Oil & Gas (PRD) expose. If the FCA does not come down on director Ron Pilbeam like a ton of bricks we might as well all give up. Then I look at Vast Resources (VAST) – a total bargepole stock where I sniff a deeply discounted placing – then challenge you on two counts regarding Online Blockchain (OBC) before considering Argo Blockchain (ARB) its strangely worded RNS today and whether it will still be solvent on St Ledger’s day.
1215 days ago
A frantic morning of tidying sees Joshua and I ready to face the Mrs, we head to Athens shortly. Ahead of that I suggest a new gender test for the Olympics. In the main podcast I look at bitcoin, Argo Blockchain (ARB), Fevertree (FEVR), coping on a meltdown day, Nightcap (NGHT) and St James House (SJH).
1229 days ago
Obviously the big excitement was the snake but Joshua and I also faced down mask fascists as we bought a hoover in Kalamata. Most of today’s bearcast concerns the antics of Justin the Clown, Boston International (BIH), the rash of IPOs and what it means and Argo Blockchain (ARB).
1234 days ago
On 8 March 2021, a couple of weeks after directors dumped millions of pounds worth of shares at 243p, Argo Blockchain (ARB) raised £26.8 million at 200p. So where has all the money gone?
1246 days ago
I am so angry that I forgot to mention bitcoin crashing again and the operational and financial gearing at drowning in red flags Argo Blockchain (ARB). So I am angry and the resultant bad language will delight Matthew and his dog. I consider Sosandar (SOS), Hurricane Energy (HUR), Bidstack (BIDS), Kefi (KEFI) and Bluebird Merchant Ventures (BMV).
1247 days ago
That wasted an hour of my life but it looks like all systems go for Saturday when Steve Moore will be in charge of this website while Joshua and I head to the Greek Hovel. In today’s podcast I look at bitcoin’s latest dump and Argo Blockchain (ARB) and at Dev Clever (DEV) and its joke acquisition. That required a bit of work for me at Companies House as did researching today’s smoke and mirrors deal from Remote Monitored Systems (RMS) – how did Nomad SP Angel sign off on this cobblers? I then look at Avacta (AVCT), Zoetic (ZOE), MyHealthChecked (MHC), Bidstack (BIDS) and the fraud Supply@ME Capital (SYME). Where are its results?
1263 days ago
Surely the FCA has to come down on Main Market listed Argo Blockchain (ARB) like a ton of bricks because it has today admitted that it suppressed and hid from investors bad news so that its shares could be pumped allowing directors to dump millions of pounds worth of stock and then, a few days later to do a £27 million placement. How can this not be a criminal breach of the rules by a £610 million capitalised company? Here is the shocking timeline.
1263 days ago
It seems that Britain’s thirstiest share blogger Paul Scott has had another go at me with a post at 25 minutes after midnight. I trust Paul had enjoyed a good night. Anyhow, I put him straight with a few facts. I then look at Argo Blockchain (ARB) and its trading statement and valuation, Plutus Powergen (PPG), Tern (TERN), Supply@ME Capital (SYME) and Cineworld (CINE).
1267 days ago
Two days to the Rogue Bloggers for Woodlarks walk and £2,500 needed. Please donate HERE. In today’s podcast I look at Optibiotix (OPTI), Bidstack (BIDS), Argo Blockchain (ARB) and day 2 of the Zoetic (ZOE) fraud not answering a simple but critical question.
1276 days ago
Good news. We are now at £44,456.89 so almost at the £48,000 target. Please, if you are yet to donate do so today HERE. In the podcast I cover Sosandar (SOS), Amigo (AMGO), Online Blockchain (OBC), Telit (TCM), Argo Blockchain (ARB) and “guru” Michael Saylor, Bidstack (BIDS) and Colin Bird’s Tiger Royalties (TIR) which is a right old dog.
1280 days ago
I start with good news on Rogue Bloggers for Woodlarks - see for yourself HERE. Then a few words about incredibly exciting work today at the Welsh Hovel. Then onto bitcoin, China and Argo Blockchain (ARB), which links to Zoetic (ZOE) which really is starting to collapse. Then onto the arrogance of the City, Neil Woodford, Andrew Monk and Hurricane Energy (HUR).
1283 days ago
We are now well over £30,000 (with gift aid) for Rogue Bloggers for Woodlarks so that is 70% of our target, if you are yet to donate please do so HERE. In the podcast I discuss MyHeathChecked (MHC), Zoetic (ZOE), bitcoin, Tesla (TSLA) and Argo Blockchain (ARB).
1283 days ago
I start with the frustrations of a visit to Tesco (TSCO) Wrexham. Piss poor customer service. Then I look at Manolete (MANO) where I smell more trouble ahead. Then I move onto bull market madness and how it will end in tears for my mother-in-law, Elon Musk, Tesla, Bitcoin, Jonathan Bixby, Mike Edwards, NFT Investments, Clarify Pharma, Argo Blockchain (ARB), Novum Securities and Uncle Tom Cobley and all.
1305 days ago
I comment on St George’s Day HERE. In a long podcast I look at Versarien (VRS), Audioboom (BOOM) – misleading again – Bluebird Merchant Ventures (BMV), Bitcoin and Argo Blockchain (ARB), Bahamas Petroleum (BPC) and the fraud Supply@ME Capital (SYME). And we are now just three hundred quid shy of £14,000 for Rogue Bloggers for Woodlarks, please donate HERE.
1312 days ago
I look at my coffee cup and – as the Iron lady would – I despair at the world of today. I then consider events and the valuation of Iconic (ICON), Argo Blockchain (ARB) where share dumping directors had no idea a placing was imminent – and the fraud Zoetic International (ZOE). I hope I pleased Matthew and his dog today, if you enjoyed the podcast you know what to do HERE
1353 days ago
Last night, Argo Blockchain (ARB) announced a bookbuild and Primary Bid offer to raise £26.8 million at 200p. It was hugely oversubscribed. This sector is hot and both retail and institutional investors could not get enough. Good luck to them all.
1400 days ago
I have today been distracted by rising flood waters which you can see here and which I start the podcast discussing. Then it is onto Supply@ME Capital (SYME), Versarien (VRS), Argo Blockchain (ARB), Remote Monitored Systems (RMS) and Westminster Group (WSG).
1415 days ago
I start with the 12 day of Christmas , what it means and what will happen here. Then it is on to events in Georgia, gold & the US economy. Then in today’s bout of market madness I look at Bidstack (BIDS), Argo Blockchain (ARB), Online Blockchain (OBC) and at Zenith Energy (ZEN).
1998 days ago
I am always happy to assist my good friends round at the FCA and start with this and Julie “Lingerie on Expenses” Meyer. I move on to Neil Woodford and Kier (KIE), then Yourgene (YGEN) and a long chat with Adam Reynolds, Bluejay Mining (JAY), Argo Blockchain (ARB) and Eqtec (EQT).
2014 days ago
I explain the nature of the fraud and why I am so livid. My anger is compounded by Wrexham Council and its inability to sign roadworks which wasted half an hour of my life. Then I find I agree with David Lenigas on something: can life get any worse? I discuss Argo BlockChain (ARB), PureCircle (PURE), Cabot Energy (VAB), Watchstone (WTG) and Toople (TOOP). Maybe I have a second question for Neil Woodford, will anyone pay £250 for me to ask it? If you are yet to donate to Rogue Bloggers for Woodlarks we are now at £27,000 raised so please chip in HERE.
2019 days ago
In today’s bearcast I look at Neil Woodford’s latest woes, Afriag (AFRI) and the vermin like behaviour of its morally bankrupt advisor Peterhouse, Sabien (SNT), Argo Blockchain (ARB) – whose directors are also the sort of filth you scrape off your shoes and 8 Peaks Group (8PG) (ditto). After all of that I ask you to cosnider my weekend training walk HERE and in light of my entirely self inflicted suffering back the Rogue Bloggers for Woodlarks HERE
2020 days ago
Ahead of lunch with a scouser I encounter someone just out of prison. There you go, life here in the Grim North. I urge you all to follow the lead of Saintly Tech Queen Vin Murria HERE.Greedy AIM bosses screwing shareholders infuriate me and in that vein I cover: Mirriad (MIRI), EVR Holdings (EVRH) and Argo Blockchain (ARB). I also look at FinnCrap (FCAP) where the dam is breaking, Share PLC (SHRE), Frontier Smart Technologies (FST) and Audioboom (BOOM).
2020 days ago
Sorry, I know you thought Joshua was better than i was yesterday but it is just me today. Good news arrives in the post here at the Welsh Hovel. I shall be able to vote for Mr Farage in the European Elections and, better still, the Mrs won’t be able to vote for the commies. In the podcast I discuss IQE (IQE) where Malcolm Stacey has it all wrong, Purplebricks (PURP), Eqtec (EQT), Argo Blockchain (ARB), Bushveld Minerals (BMN) and Dev Clever (DEV). And to the 75% of bearcast listeners yet to do the decent thing: we have now raised almost £19,000 for Woodlarks ( and have another £5,500 pledged) so please help us get towards our £40,000 target with a donation today HERE
2032 days ago
Richard Jennings is wrong about a good few things. Very wrong. But on certain matters (cats, Greece, donating money to Rogue Bloggers for Woodlarks) he cannot be faulted. And his logic in arguing to sack the board at Argo Blockchain (ARB) is 100% correct. We will be casting FIML votes in favour of the resolution to do so and we urge all others to do the same. Over to the Align Research boss to explain why:
2032 days ago
Perhaps in 20 days time limp dick sad excuse for a journalist, the liar, Jamie Nimmo of the Mail On Sunday will report on this development at Argo Blockchain (ARB) and tell his dwindling readership that “he can reveal”. I can reveal the board has been given the option of buying the underlying crypto business for just £1.
2041 days ago
I have noted before the way that stars of the deadwood press all too often run material which first appeared on ShareProphets, claiming that it is their scoop. Today’s proven liar who shames our noble profession is Jamie Nimmo of the Mail on Sunday who claims to “reveal” that heroin dealer Frank Timis owns 14% of Argo Blockchain (ARB). You can see hios “scoop” below. There is only one problem with Nimmo’s fantasy of breaking a story….
2055 days ago
In this podcast I look at the growing mini bond scandal as I flag up another ponzi waiting to collapse today HERE. Then I do a review of my own bull portfolio: Optibiotix (OPTI), Yourgene (YGEN), Concepta (CPT), Big Sofa (BST), Wishbone (WSBN), Kefi (KEFI), Reach4Entertainment (R4E), Falanx (FLX), Fox Marble (FOX), Berekely Energia (BKY) and Argo Blockchain (ARB). I did not mention Fox in the podcast so I'll do a seperate update later. Finally: why have you not joined the roll call of heros HERE? I say a few extra fucktards on that count.
2061 days ago
There is a real spring in my step as I consider a new business idea and as the scoops just flow in. I start with Argo Blockchain (ARB), the pot plan and the convicted heroin dealer. Then I out Big Sofa's (BST) new customer. I look at Cabot Energy (CAB) as it dissembles again. I pick a fight with the man Gary Newman thinks is a genius, Andrew Monk, over RedT Energy (RED) and then look at the shock placing byu Independent Oil & Gas (IOG) and where that leaves Rock Rose (RRE). If you enjoyed this bearcast please follow uber generous Rob and make a small donation to Rogue Bloggers for Wodlarks HERE
2086 days ago
In today's bearcast I discuss Neil Woodford's spivvery regarding Provident Financial (PFG), have a smoking rumour on Argo Blockchain (ARB) - which we own - comment on I3 Energy (I3E) as it dissembles and look at Quiz (QUIZ) and Sosandar (SOS) as well as Metals Exploration (MTL). If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
2105 days ago
I report to you from the Grim North, a phrase Joshua has learned, much to the annoyance of the Mrs who is, herself, from the great post industrial welfare safari. In this podcast I cover Argo Blockchain (ARB), Optibiotiox (OPTI), Plus 500 (PLUS) and Angus Energy (ANGS).
2105 days ago
I am a shareholder in the disaster that is Argo Blockchain (ARB) thanks, I think, to Richard Jennings of Align who suggested I back the IPO. Richard is a bull after today's news but as I explain in bearcast HERE I am not and think he is talking bollocks. But in the interests of balance here is what Richard has to say:
2128 days ago
The regvular bearcast will appear later. In this podcast I cover Optibiotix (OPTI), Yourgene (YGEN), Wishbone (WSBN), Falanx (FLX), Concepta (CPT), Big Sofa (BST), Red Rock Resources (RRR), Reach4Entertainment (R4E), Obtala (OBT), Ariana (AAU), Wandisco (WAND), Fox Marble (FOX), Argo Blockchain (aaaaaaaaaaaaaaaaaaaaaaagh) and Kefi (KEFI)
2169 days ago
In today's podcast I start with Deutsche Bank and the dire problems faced by the EU. Who really wants to stay in bed with this corpse? That pans out to wider reasons to be bearish and I cannot stress too much look not at P&Ls but at balance sheets. I look specifically today at Photonstar Led (PSL), Tomco (TOM), Low & Bonar (LWB), Argo Blockchain (Don't laugh at me too much), Optibiotix (OPTI), IQE (IQE) and the scandalous behaviour of team BlueJay Mining (JAY), moving on from the points flagged up HERE
2193 days ago
Number one is Amazon (again). Number two is Barclays Bank (BARC) again! And the third is explained HERE. Elswhere I explain what it means when I am made an insider and how I have to behave. I look at the bitcoin bloodbath and in that vein at Argo Blockchain (ARGO), Vela (VELA) and the Clem'Chambers spoof Online Blockchain (OBC). I cover Falanx (FLX), Photonstar Led (PSL) and AO World (AO).
2299 days ago
We had the bear case on Argo Blockchain (ARB) from Cynical Bear over the weekend, I corrected a few points in bearcast yesterday but admit that I am clueless about my first blockchain stag. Now we have the bull case, 195% upside from 12.5p. The shares are now 13p. I should caveat that the detailed research report below was penned by the dribbling refugee from the Northern slums, the widely despised Richard "Gollum" Gill but if you are interested...
2299 days ago
In today's podcast I look once again at Argo BlockChain (ARB) filling in a few errors and ommissions by Cynical Bear. I cover Ascent Resources (AST) which looks grim, WanDisco (WAND) and Pantheon Resources (PANR) where, once again, I demonstrate what a terribly nice chap I am.
2300 days ago
In today's bearcast I start with Argo Blockchain (ARB) and what our coverage shows again. Then it is onto Mark Carney and the Sunday Times talking Project Fear Brexit bollocks on Sterling. Finally David Lenigas, Luke Johnson and why this bubble will not be different to any other.
2302 days ago
I start this podcast by reflecting on my biggest investment mistakes of which selling some Optibiotix (OPTI) three years ago must be in the top ten. Stagging Argo Blockchain (ARB) hjas so far been a small mistake but I reflect on that too. Then I reflect on the bombshell by Nigel Somerville on BMR Group (BMR) which shows AIM Regulation not fit for purpose and opens up a mega scandal for WH Ireland (WHI). What happens next i ask, referring to good news on the claims against Cantor Fitzgerald re African Potash (AFPO)
2302 days ago
No, I still do not understand this blockchain malarkey but FWIW we have stagged the IPO of Argo Blockchain (ARB) on the standard list today at 16p. The fund raise was just so impressive. Argo set out to raise just £6 million.
