51 days ago
Poor old Magna Carta may have to switch the asylum for the poor house at this rate. Let us pray for the poor fellow. I start with Kefi Gold & Copper (KEFI) and then discuss the man who, as a right wing economics geek, is my all time hero. That brings me to Hamak Strategy (HAMA) and then Sosandar (SOS), Procook (PROC) and Genedrive (GDR) plus a bit of macro ponderings on consumer confidence and spending here in Airstrip One.
51 days ago
On 25 September Hamak Strategy (HAMA) CEO Nick Thurlow told mug punters in an investor meeting that his company was fully funded for 12 months. With negative net current assets that was clearly disingenuous, either Hamak had to sell some of its 20 bitcoin or it needed to issue shares. Today it has announced not one but two death spirals! Confetti ahoy!
52 days ago
The lack of fiat at Hamak Strategy (HAMA) means that it urgently needs to either start selling its pile of bitcoin or do a fund raise, either straight equity or death spiral CULS. Either way it won’t be pretty for its share price. But a bitcoin sale would expose what a farce its value addition via shitcoin treasury strategy is. Do the maths stupid!
53 days ago
I start with a detailed look at Probiotix (PBX) then spend some dream Kefi money on BP (BP.) or rather would at c400p. Then I look at ominous silences at Hamak Strategy (HAMA) and Genflow (GENF) before considering today's RNS from Hydrogen Utopia (HUI) which stinks.
58 days ago
On the day gold hits $4,000 I discuss where next. Then with news from Ariana (AAU) and Hamak (HAMA) I explain the import of what they say after checking in with an old friend.
58 days ago
As discussed in bearcast yesterday, I have now both started the process of making 7 llbs of green tomato chutney as well as writing to the FCA asking it to investigate Hamak Strategy (HAMA) which has clearly mislead investors in the presentation you can see below. The letter is clear, Hamak is misleading its investors and needs to be made to come clean…
59 days ago
I start with some of the ghoulish reactions to today's October 7 anniversary, reactions that fill me with horror and disgust. I then look at Audioboom (BOOM), Georgina Energy (GEX), Hamak Strategy (HAMA) and Eurasia Mining (EUA), 80 million quid of hot air and puff.
63 days ago
I fear I am going to have to vote Labour next year and explain why. Lucian Miers has a political bet for you. I discuss lying to investors and screwing investors with placings and warrant spoofs plus a bursting bubble covering Tern (TERN), Defence (ALRT), Hamak (HAMA) which I shall be reporting to the FCA tomorrow and Amazing AI (AAI)
63 days ago
In 5 days time folks will be allowed by the FCA to buy bitcoin ETFs paying NAV and that means there is no reason at all to pay a premium to NAV to but shares in bitcoin in treasury companies. The game is almost up! One CEO shows real candour and notes:
63 days ago
I am being berated by a raft of X poltroons today about Hamak Strategy (HAMA), folks who are not inside a paywall but still insist that I have got it all wrong on the basis of a company presentation last week in which it insisted that it had 12 months cash. Companies can say what they want balance
sheets do not lie.
64 days ago
I start with the attack on the Manchester Synagogue and the weasel sympathy of the left. Then it is Hamak (HAMA) and Defence (ALRT), both utter joke valuations.
70 days ago
Another victim of historic sexual abuse has been in touch. the grooming, the cover ups and the wholesale policing and regulatory failure parallels with the London small cap scene are massive. I also discuss in detail Hamak Gold (HAMA), shares in which should be and will be 0.4p not 2.9p.
80 days ago
I start with 1 in 1 out comedy from TTK. Then it is Hamak Gold (HAMA), Ariana Resources (AAU), Manolete (MANO) and Hareena Resources (HREE). Now on to Joshua's birthday celebrations.
85 days ago
I do not hide my medical issues. I feel okay now but the truth is that I only got out of bed at 3.30. I don't know why and I am seeing the Shipmans tomorrow and I actually feel great now but these things happen. But my output today is limited. Apologies. I do however comment on Hamak (HAMA), Atlas Metals (AMG), pondering if either broker has the integrity to resign, Hemogenyx (HEMO) and another rat smelled and Hydrogen Utopia (HUI) and another letter I need to send to the FCA
95 days ago
I discuss the surging gold price, Greatland GGP), Ariana (AAU), Kefi Gold & Copper (KEFI), Golden Prospect (GPM), Amaroq (AMRQ) and La Horlick's shitco Hamak (HAMA)
109 days ago
It was 1994 and his client was an AIM fraud called Proteus International. I discuss the incident and its unintended conseqences. Then a follow up on bitcoin in treasury stocks and a tweeter who had not listened to my first podcast today and misunderstands me. Finally Wishbone Gold (WSBN) and La Horlck's Hamak Gold (HAMA)
122 days ago
Yesterday morning I pointed out that the valuation of Hamak Gold (HAMA) was bitcoin in treasury bonkers and that the 7 AM appointment of Bernie Madoff superfan Nicola Horlick was a red flag. Then at 4.30 PM we were told that executive director James Lawrence had quit with immediate effect. Maybe he was not such a Madoff superfan. The odd thing is that …
123 days ago
I joke, of course, about the sexism and about the fellow countrypeople of three of my kids. I cover Hamak (HAMA), Bluebird Mining Ventures (BMV) and Georgina Energy (GEX).
123 days ago
I flagged up earlier how the appointment of Bernie Madoff superfan Nicola Horlick was yet another red flag at 9x overvalued Hamak Gold (HAMA). That was met with the usual twitter abuse from folks, who have not read my articles, insisting that she really is “superwoman” as she likes to brand herself. So, I have been forced into a bit of digging…
123 days ago
Just when I thought that every bad penny of self important egomaniac in town had jumped on the bandwagon there is another blast from the past to dumbfound we cynics of the bitcoin in treasury madness. The antics of Nicola Horlick and her equally ghastly ex husband Timmy have been well documented on this website, the highlight being when she charged fat due diligence fees at her Bramdean outfit to invest millions of pounds of client money in Bernie Madoff ponzi funds. Some due diligence Nicola.
