Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Really pleased that they invested in Ethereum 511.9 coins. Now if we can only see the cypto market get back on track AND market rewards Cypherpunk Holdings so it is not so very undervalued.
Cypherpunk Holdings Corporate Update on Cryptocurrency Holdings
Toronto, Ontario--(Newsfile Corp. - June 29, 2021) - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (the "Company"), a sector leader for privacy-focused investments, is pleased to provide a corporate update on the Company's cryptocurrency holdings to shareholders and investors.
Updated BTC Holding and Purchase of ETH
The Company has increased its total bitcoin (BTC) holdings to 386 BTC for an aggregate purchase price of approximately $1.24 million Canadian dollars (CAD), inclusive of fees and expenses. The average price per bitcoin was $47,541 CAD. This represents a net increase since April 13, 2021 of 26 BTC.
In addition, the Company has also purchased 511.9 ether (ETH) for an aggregate purchase price of approximately $1.24 million CAD, inclusive of fees and expenses. The average price per ETH was $2,413 CAD.
Lending of BTC
To generate further operating revenue, the Company has agreed to lend 100 BTC via an Open Term Loan to Genesis Global Trading Inc. generating on average 2.5% interest per annum.
Cash Balance
The Company currently has $3.3m CAD in cash on hand.
Braveheart Resources Announces Financing
Calgary, Alberta--(Newsfile Corp. - June 17, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company) hereby announces a financing consisting of up to 5,000,000 units ("Units"), priced at $0.10 per Unit for proceeds of $500,000 (the "Offering"). Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.14 per share for a period of 24 months from the Offering.
The Company may pay finder's fees from the gross proceeds of the Offering in the form of cash and warrants. The proposed financing and any finder's fees are subject to TSX Venture Exchange approval. All securities will be subject to a statutory hold period that expires four months and one day from issuance.
The proceeds from the financing will allow the Company to continue with exploration activities and infrastructure up-grades at its 100% owned Bull River Mine project near Cranbrook, British Columbia.
About Braveheart Resources Inc.
Braveheart is a mining company primarily focused on two near-term copper production assets in Canada. Braveheart's main asset is the 100% owned Bull River Mine project (>85MM lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. Braveheart's newest acquisition is the 100% owned Thierry Mine project (>860MM lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.
They are doing the right things but the market is not rewarding them. That sucks but if you can just hold it will payoff. Frustrating I know. I have over 500K shares so I feel the pain. But am confident it will pay off. Question is when. I communicate with the CEO often. He is as frustrated as we are with the market. This is undervalued by at least 4-5x
Braveheart Intersects 19.8% Copper over 0.6 Metres at Bull River Mine Project
Potential for expansion of mine life
Calgary, Alberta--(Newsfile Corp. - June 7, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report that it has intersected high grade copper mineralization at the Bull River Mine project.
H1 2021 Drill Program at Bull River Mine
BRU-21-01intersected 19.79% copper and 98.6 g/t silver over 0.6 metres within a broader intersection of 5.12% copper, 28.6 g/t silver and 0.63 g/t gold over 3.4 metres. This intersection does not represent the true width of the structure.
All four holes that have been drilled to-date as part of the 2021 drilling program have intersected mineralized structures below the current workings of the mine which are only 350 metres below the portal.
The Company has now intersected mineralized structures approximately 550 metres below the portal. To-date assays have been received on only one of the four holes drilled.
The purpose of the H1 2021 drilling program and subsequent drilling in H2 2021will be to test the down dip extension of the vein systems under the current workings. Approximately 1,000 metres of drilling is planned for the second quarter of 2021. This program was originally initiated in March 2020 but suspended due to health and safety protocols resulting from the onset of COVID-19 after the completion of 831 metres of drilling.
The Company plans to follow-up on the results of the 2020 drilling program and on several historical diamond drill holes that are located below the current workings. One historical drill hole, BRU00-035, that is located below and to the east of the current resource model of the Main South Vein, yielded a composite average of 2.86% Cu over 9.9 metres including 4.27% Cu over 6.0 metres. A second historical drill hole, BRU09-10 yielded a composite average of 3.21% Cu, 21.29 g/t Ag and 1.18 g/t Au over 4.15 metres. These values do not represent true widths. All holes in the 2020 program were drilled from underground workings on 9 Level and collared in 9E4XC Ext Re-muck. All five holes from the spring 2020 program intersected mineralized structures in the central portion of the South Vein at depths of approximately 115 metres below 9 Level, which represented the deepest level of the mine about 350 metres below the elevation of the mine portal prior to the 2021 program.
Ian Berzins, President and CEO, commented, "We are extremely pleased with the initial results from this year's drill program. Not only have we intersected high-grade copper mineralization below our current workings, but the silver and gold values appear to be increasing at depth relative to our current NI 43-101 Mineral Resource which was completed in January 2019 by Sue Bird of Moose Mountain Minerals."
Qualified person
Braveheart's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Ian Berzins P.Eng., who serves as President, Chief Executive Officer and a director of the Company and is a Qualified Person under the definition of National Instrument 43-101.
About Braveheart Resources Inc.
Braveheart is a Canadian based junior mining company focused on building shareholder value through exploration and development in favourable Canadian mining jurisdictions at or near past-producing properties. Braveheart's main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia which has a current Mineral Resource containing copper, gold and silver. Braveheart's newest acquisition is the 100% owned Thierry Mine project near Pickle Lake, Ontario containing copper, nickel, silver, palladium, platinum and gold. Braveheart also has an option to purchase the Alpine Gold project near Nelson, British Columbia.
Contact Information
Braveheart Resources Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@braveheartresources.com
Website: www.braveheartresources.com
For more investor information, please contact Braveheart at:
Manish Grigo
Director, Corporate Development
M: +1-416-569-3292
We got the answer on how much Chia Cypherpunk is holding.
the Company received 19,806 shares
of Series B Stock of Chia representing 0.09% of the Chia’s issued and outstanding common shares on a fully
diluted basis.
We think that is over $10 Million for the Chia shares they hold.
Net Income $.08
Financial Report out. Another very good quarter.
https://www.sedar.com/CheckCode.do
Apply any PE you want and you see we are UNDERVALUED BIG TIME
Just read some very interesting news about PAYPAL crypto service. --- “We want to make it as open as possible, and we want to give choice to our consumers, something that will let them pay in any way they want to pay,” da Ponte said. “They want to bring their crypto to us so they can use it in commerce, and we want them to be able to take the crypto they acquired with us and take it to the destination of their choice.”
Anything that makes crypto more main stream the better for us.
We were promised the long awaited update on the value of the Chia holding that Cypherpunk owns sometime this week. Hoping it will be tomorrow. The expectation is that it is worth MUCH more then the original $300K investment. MUCH MORE. It could be even more than the entire KHRIF Market Cap. Fingers crossed.
Reflection on last NR:
Note Planning 1000 meter drilling
- they already had completed 831 meters
- plan to complete in 2 Qtr.
Should be close to completing this. Looking forward to a NR giving a catalyst for next leg up.
04/29/2021 (MT Newswires) -- Braveheart Resources Inc. ( RIINF
Loading... Loading...
) plans to resume drilling from underground workings at the Bull River Mine project in B.C., from May 3. The purpose of the drilling program will be to test the down dip extension of the vein systems under the current workings. Approximately 1,000 metres of drilling is planned for the second quarter of 2021. This program was originally initiated in March 2020 but suspended due to health and safety protocols resulting from the onset of COVID 19 after the completion of 831 metres of drilling.
Braveheart plans to follow-up on the results of the 2020 drilling program and on several historical diamond drill holes that are located below the current workings.
I contacted the CEO Tony yesterday. I asked him to clarify how much Chia equity Cypherpunk owns.
He had said --I am having a call with Chia to work out the exact equity percentage. We will inform the market officially as soon as possible.
It appears to many of us that very little of the current market cap includes the value of any of the holdings other than the BTC and cash.
Chia if 1% is ours could mean 100's million in value for us once Chia goes public. That is due to all the crypto Chia holds for their business. It is very valuable. XCH is currently about $1000/coin
OK folks based on my DD this afternoon I am now comfortable that HODL's 1.1% stake in Chia Network's equity is hugely more valuable than HODL's current marketcap. Just a matter of time till market figures that out and rewards this. We may have to wait for Chia to go public for the market it get it. But I really think that Cypherpunk's 1.1% stake in Chia is worth about 10x our current Marketcap.
So buy and hold. Our day will come and it will be amazing.
The value of CHIA is 21,400,000ish tokens with a value of $1132.00 = 24.2 Billion. 1.1% of that is 266 million.
CYPHERPUNK current market cap is about $28 Million. So you can see how grossly undervalued we are.
Braveheart Engages Maple Leaf Forestry for Upgrade to Alpine Gold Mine Access Road
Calgary, Alberta--(Newsfile Corp. - May 6, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it has engaged Maple Leaf Forestry Inc. ("MLF") of Cranbrook, B.C. to design, gain government approval to build and facilitate construction of an upgraded access road to the Alpine Gold mine property ("Alpine") near Nelson, B.C. The route selected will utilize existing forestry service access on Aerie Face and require new construction to the existing Sitkum Forest Service Road ("FSR") that accesses the mine claims. The initial budgetary estimate from MLF to construct the road is $350,000 given that a road is already in place that requires widening and upgrading. Once the road is upgraded the Company will have permanent access to the existing mine site for people, equipment and supplies and will be less reliant on helicopter assisted movements.
On March 3, 2021, the Company announced that it had entered into a new option agreement to acquire a 100% interest in Alpine (see press release on SEDAR) under revised terms to the original option agreement. Terms of the new option agreement include the following:
(a) Issuance of 1,000,000 shares of Braveheart on signing to the Optionor.
(b) A cash payment of $100,000 to the Optionor by April 15, 2022.
(c) Property expenditures of up to $700,000 to complete permitting and construction of an upgraded road to the mine site from Nelson by December 22, 2022.
(d) A cash payment of $1,400,000 to the Optionor by December 15, 2023.
(e) A cash payment of $1,500,000 to the Optionor by December 15, 2024.
Under the original agreement (see press release dated November 15, 2016 on SEDAR), the Company was required to make cash payments of $3,385,000, issue 1,400,000 shares over a six-year period ending in 2021 and complete property expenditures of $1,600,000 in exploration on the property. The Company was also required to issue an additional 1,000,000 shares upon completion of a NI 43-101 technical report that identified greater than 300,000 tonnes of mineralized material at an average grade of greater than 12 g/t of gold. This latter requirement was satisfied with the completion of a NI 43-101 compliant report and the shares were issued to the vendors on January 7, 2019. To-date the Company has issued in aggregate 2,000,000 shares to the vendors and subject to TSX-V approval will issue an additional 1,000,000 shares as per the revised terms of the new option agreement. To-date the Company has completed approximately $900.000 in property expenditures and no further property expenditures are required other than completion of the upgraded road from Nelson to the mine site.
Unfortunately that does not surprise me. Everything I own is not getting rewarded as deserved. Go figure...
GREAT NEWs that is the "discovery grade" results we have been waiting for. Market - reward their results please. GRID is high reward/low risk more than ever.
Thanks for posting. Just one of many reasons we are undervalued.
Braveheart to Commence Underground Drilling Program at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - April 29, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it plans to resume drilling from underground workings at the Bull River Mine project effective May 3, 2021. The purpose of the drilling program will be to test the down dip extension of the vein systems under the current workings. Approximately 1,000 metres of drilling is planned for the second quarter of 2021. This program was originally initiated in March 2020 but suspended due to health and safety protocols resulting from the onset of COVID 19 after the completion of 831 metres of drilling.
The Company plans to follow-up on the results of the 2020 drilling program and on several historical diamond drill holes that are located below the current workings. One historical drill hole, BRU00-035 that is located below and to the east of the current resource model of the Main South Vein, yielded a composite average of 2.86% Cu over 9.9 metres including 4.27% Cu over 6.0 metres. A second historical drill hole, BRU09-10 yielded a composite average of 3.21% Cu, 21.29 g/t Ag and 1.18 g/t Au over 4.15 metres. These values do not represent true widths. All holes will be drilled from underground workings on 9 Level and collared in 9E4XC Ext Re-muck. All five holes from the spring 2020 program intersected mineralized structures in the central portion of the South Vein at depths of approximately 115 metres below 9 Level, which represents the deepest level of the mine about 350 metres below the elevation of the mine portal.
Nice to see $.10 show up again. This is undervalued by at least 5x
Excellent info thanks
HODL now owns 360 Bitcoin according to bitcointreasuries.org. $19.8 Million
Hoping that our darkest days are over now and the bottom is in. Let the uptrend now continue.
Although is the one selling done? That could be a drag if so.
Braveheart Completes Concentrate Offtake Agreement and Stockpile Financing Facility with Ocean Partners
Calgary, Alberta--(Newsfile Corp. - April 21, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has completed security registration for the previously announced Pre-Payment Financing Facility (the "Facility") with Ocean Partners UK Ltd. ("Ocean") for the sale of its copper concentrates (with gold and silver credits) from its Bull River Mine ("Bull River") near Cranbrook, British Columbia as described in the Company's press release issued on March 13, 2021. Braveheart reports that it has made an initial draw of USD $1,000,000 from the Facility less the arrangement fee and expenses associated with due diligence and legal fees.
The Facility provides Braveheart with access to up to USD $3,500,000 which can be used for capital expenditures at Bull River including plant commissioning and general working capital purposes. Interest on any amounts drawn from the Facility is at 12-month LIBOR plus 8.75%. Any monies drawn on the Facility will be repaid as a flat deduction per dry metric tonne of concentrate produced. Subsequent draws will be subject to the Company meeting certain conditions precedent including receipt of an operating permit to dispose of tailings, completion of an equity raise to cover any remaining capital requirements to bring Bull River into production and commencement of milling of the surface stockpile.
Ian Berzins, President and CEO commented: "Braveheart's top priority is restarting Bull River. Access to this initial tranche allows Braveheart the flexibility to continue with capital upgrades at the mine including the commissioning of a 10 MVA transformer and related switchgear."
That is an excellent News Release. This company will be a winner. I see this undervalued greatly and a relatively low risk. What a wonderful combination for investors.
Really Good News: Braveheart Completes Positive Ore Sorting Study at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - April 19, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce the completion of an exceptionally positive ore sorting study at its 100% owned Bull River Mine project ("Bull River") near Cranbrook, British Columbia. Braveheart recently sent 206 rock samples from a stockpile of mineralized material consisting of copper, gold and silver at Bull River to the TOMRA Sorting Solutions ("TOMRA") facility in Hamburg, Germany. X-Ray technology ("XRT") was chosen as the most appropriate technique for the Bull River material on the expected differences in atomic densities of copper-bearing material and host rock. 61% of the sampled material was accepted by the sorter and 39% was rejected as non-economic low grade or waste. All samples were subsequently assayed at SGS Canada Inc. in Vancouver, Canada. The ore sorting study was managed by ABH Engineering ("ABH"), a world leader in ore sorting technology assessment and installation.
The rock samples were randomly selected from the top one metre of the surface stockpile. The average sample size was 0.72 kg. The stockpile is comprised of Run of Mine ("ROM") material from the underground workings. The arithmetic mean for all samples was 3.28% Cu, 28.2 g/t Ag and 0.318 g/t Au which significantly exceeds the current Resource for copper and silver. In total, 72 of the 206 grab samples exceeded 3% Cu, 46 samples exceeded 5% Cu and 20 samples exceeded 10% Cu. Of the 72 samples that exceeded 3% Cu, 36 samples exceeded 60 g/t Ag and 11 samples exceeded 100 g/t Ag. It is apparent that higher grade copper and silver values are strongly associated and there appears to be a strong nugget effect within the mineralized material. Gold did not have a strong association with accepted or rejected material. The average grade of the rejected material was 0.17% copper equivalent ("CuEq") which is well below the cut-off grade ("COG") for the current Resource.
The Company does not consider the above referenced assays as indicative of the grade of the mineralized material in the surface stockpile or in the underground Resource. Much of this ROM material originated from 9 level in the underground workings approximately 350 metres below surface. 9 Level has some of the better grades in the Resource.
In October 2013, Moose Mountain Technical Services ("MMTS") completed an independent scoping study on the Bull River Mine. The volume of the surface stockpile of mineralized material was surveyed and estimated to be 80,912 cubic metres. Based on an assumed swell factor of 30% for broken material and a specific gravity ("SG") of 2.65, the calculated tonnage for the stockpile was estimated to be 165,000 tonnes. In October 2020, Braveheart commissioned Align Survey Ltd. of Fernie, BC to complete an independent volumetric estimate of the mineralized material on surface. Their estimate was 85,638 cubic metres which exceeds the MMTS estimate.
Typically, 25% of the broken ROM material that is reporting to the ore sorter will be screened before going through the sorter and this material will become feedstock for the milling operation. Based on MMTS's estimate of 165,000 tonnes in the surface stockpile, 41,250 tonnes of mineralized material will be fines and the remaining 123,750 tonnes will be sent to the sorter. Based on a 39% reduction rate at the sorter, 48,260 tonnes of low grade or waste material will not be milled. Using operating costs of C$40 per tonne for milling, C$10 per tonne for general and administration and C$5 per tonne for rehandle, the milling cost for mineralized material is C$55 per tonne. By not milling the low-grade material, this represents a savings in operating costs of C$2.65 million versus a loss of $902,460 in net smelter values not including the cost of a rental ore sorting unit.
Braveheart has a current NI 43-101 technical report that was authored by Sue Bird P.Eng. of MMTS and titled Bull River Resource Estimate. The report was completed on November 4, 2018 and published on SEDAR on January 23, 2019. The Bull River Mine project has an Indicated Mineral Resource of 2,179,000 tonnes of mineralized material at 1.809% CuEq based on a COG of 1% CuEq. Additionally, the project has an Inferred Mineral Resource of 513,000 tonnes of mineralized material at 1.503% CuEq based on a COG of 0.6% CuEq. Braveheart plans to advance the Bull River mine project in a phased approach wherein the surface stockpile of mineralized material will provide the initial feedstock to an up-graded 700 tonne per day mill. Based on the results of this study, ore sorting could be introduced ahead of the grinding circuit. Ore sorting or pre-concentration of mineralized material has the potential benefits of increasing the mill feed grade which can result in an improved net present value ("NPV") of a mining project. Potential benefits include a lowering of operating costs on a unit basis, a reduction in the volume of fine tailings created through the milling process and the overall volume of material transported to the tailings storage facility, a reduction in power consumption particularly in the grinding circuit and a lower overall environmental impact.
Ian Berzins, President and CEO added "These results are extremely encouraging. The study demonstrates that ore sorting can provide economic benefit if introduced during milling of the surface stockpile. The greater benefit is in mining of the underground Resource of mineralized material that has been pre-developed on seven separate sublevels in the underground workings. Introduction of ore sorting could have a positive impact on the economics of our Bull River project and result in a reduction in the COG for the deposit and a resulting increase in the size of the Resource and an extension of the mine life. Additionally, it may be applicable at our newly acquired Thierry copper, nickel and silver project in Ontario."
https://ceo.ca/@newsfile/braveheart-completes-positive-ore-sorting-study-at
NEWS: oronto, Ontario--(Newsfile Corp. - April 13, 2021) - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (the "Company"), a sector leader for privacy-technology investments, is pleased to announce that it has purchased 68.16 bitcoins for an aggregate purchase price of approximately $5 million (Canadian dollars), inclusive of fees and expenses. The average price per bitcoin was $58,092. As a result of this acquisition, the Company now holds an aggregate of 350 bitcoins.
The purchase by the Company of additional bitcoins was made in accordance with its newly updated capital allocation and treasury management strategy for the Company's capital in excess of its working capital and other investment requirements. Under the Company's current capital allocation plan, the Company intends to continue to maintain cash assets that are sufficient to meet the day-to-day working capital requirements of its business and its investment needs. In addition, under this plan, the Company's objective is to hold a majority of its unallocated resources in bitcoin, which the Company now regards as its primary treasury reserve asset (being all unallocated cash and bitcoin assets of the Company in excess of the Company's anticipated near term working capital and other investment capital needs), subject to market conditions and the Company's anticipated needs for cash assets.
In connection with its holdings of digital assets, such as bitcoin and any other applicable cryptocurrencies, the Company has adopted controls to guard against the risk of loss and/or theft associated with holding such assets. For example, the Company uses third-party custodians to safeguard all or a substantial portion of its digital assets. Certain information about such third party custodial arrangements which the Company believes could be important to investors is available on the Company's website at: https://cypherpunkholdings.com/security-operations/.
PEER comparison showing how undervalued CypherPunk is
BIGG is an Excellent comparison. BIGG has HUGE market cap compared to CypherPunk and is very similar to CypherPunk as a business value. So yes CypherPunk is crazy undervalued.
$3+ per share for BBKCF an $.30+ for KHRIF. CRAZY indeed.
Seems this is finally getting it mind back. Hope it holds today's gains and continues on towards much higher and well deserved value.
IR Veronika is very professional and said that a statement will be released regarding the "legacy shareholders disupute" in the coming days and they will also be doing a Webinar in the future.
She said the price action has been disappointing and that we can expect a NR soon regarding the funds raised and how they were deployed.
So Cypherpunk will be ok. But it is a temporary setback.
Not really it tracks HODL rather well. Right now there is a controversy with CEO that is weighing on the price here and HODL.
The biggest problem is being on the OTC greys. They agreed with me that is a red flag for KHRIF but I agree with you I don't think getting off the greys is a high priority for them short term.
That aside at this price considering what they hold in BTC, Monero, cash and businesses it is a steal. Several 100%s undervalued.
Braveheart Resources Appoints Heather Kennedy as Director
Calgary, Alberta--(Newsfile Corp. - April 5, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") hereby announces the appointment of Heather Kennedy as an independent Director of the Company.
Ms. Kennedy holds a B.Sc. (Honours) in Metallurgical Engineering from Queen's University as well as a Certificate in Tribunal Administrative Justice. She has over 35 years of experience in the mining industry in engineering, operations, major projects, operational excellence, employee and community relations and government relations. Ms. Kennedy held various senior management roles as Vice-President at Suncor Energy Inc. ("Suncor") over an 18-year period. Previously she progressed through engineering, operations and management roles at Fording Coal Ltd over a 15-year period. For more than 20 years, she has contributed to and led the Boards of numerous not-for-profit and community organizations. During her tenure with Suncor, she was seconded to the Government of Alberta as Assistant Deputy Minister, Oil Sands Sustainable Development Secretariat during the period 2007 to 2010. Subsequently, she performed the role of Part-Time Hearing Commissioner with the Alberta Energy Regulator (AER) during the period 2014 to 2019. She is registered as a professional engineer with the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and is a fellow of the Canadian Academy of Engineering.
Heather Kennedy commented: "I am excited to join Braveheart at this time as an independent Director. Braveheart has assembled an impressive suite of properties and I look forward to working with management and the Board in unlocking the value of the assets."
David W. Johnston, Chairman of the Board commented: "We are delighted to welcome Heather Kennedy to our Board given her significant practical experience in the mining industry in mineral processing, project development, government relations and First Nations engagement. Braveheart's top priority remains the restart of our Bull River mine. As we move from explorer to developer to producer, Heather's experience will further strengthen the depth of our Board."
Cypherpunk Holdings: building a portfolio of privacy technology and assets
From the armchair trader:
Free Newsletter: Actionable insight every morning for the self-directed investor
1st April 2021Stuart FieldhouseStocks & Shares Watchlist, EquitiesCryptocurrencies, The Technology Sector, Cypherpunk Holdings
Cypherpunk Holdings (CSE:HODL) recently closed a private placement to the tune of C$10m, the net proceeds of which are to be used to make investments in cryptocurrencies as well as companies and technology in this fast-evolving space. But who are Cypherpunk Holdings, and how do they fit into the rapidly changing world of crypto?
Here at The Armchair Trader we can see that interest in cryptocurrencies is increasing rapidly. While there are many specialist traders of cryptocurrencies as an asset class, there are limited avenues available for investors who want to get exposure to this industry – or you could call it an asset class – while it is still at a relatively early stage in its development.
Privacy is going to have a premium
Cypherpunk Holdings bases its investment thesis around the concept that privacy is going to have a premium going forward: maybe people are giving governments and companies too much information about themselves? This quest for privacy in the 21st century is a big driver in the popularity of cryptocurrencies like Bitcoin, but it goes further than this.
Cypherpunk is setting out to own a portfolio of both cryptocurrencies and companies and technologies that support this central thesis of financial privacy. The company is leveraging its network of contacts in the cryptocurrency field, blockchain and Silicon Valley to generate deal flow and secure preferential deals in the space. It is aiming to deliver investors easy exposure to the sector including direct exposure to cryptocurrencies.
For starters Cypherpunk owns Bitcoin, and quite a lot of it too. The company is in the top 20 largest public holders of Bitcoin according to Bitcoin Treasuries. But beyond that it also has a number of equity stakes in private companies that are seeking to define the privacy and security of the cryptocurrency space. This includes Wasabi Wallet, the market leading desktop privacy wallet for Bitcoin, and Samourai Wallet, a secure and privacy-centric wallet currently available on mobiles with over 50,000 users.
But it’s not all about cryptocurrencies – Cypherpunk Holdings is also active in the wider market for privacy solutions. This is a core part of its mandate, so it should not be seen as a pure cryptocurrency play. We believe it is on the right trail here and that there is already emerging a considerable sector that deals in privacy for the individual.
IP addresses are in demand too
Last month Cypherpunk said it was formally engaging Heficed to buy at least 16,384 IPv4 addresses. They will become part of a long-term asset for the company and will be leased out via the IPXO platform, which will allow Cypherpunk to book operating income. The prices of IP addresses have been increasingly steadily over the last year, up by over 35%. A single IP address costs between $20 and $25 at the moment, but demand looks to be outstripping supply with large e-commerce platforms trying to buy up thousands of IP addresses behind the scenes.
As the Internet of Things gains traction, demand is forecast to only increase.
“When the internet was first created it was set to just over 4 billion IPv4 addresses,” says Tony Guoga, CEO of Cypherpunk Holdings. “Today, the world has run out of them and they have been allocated to a very small number of large technology companies or internet service providers. A new version of IP addresses called IPv6 has been created but the adoption rate has been extremely slow. Just like Bitcoin, the supply is limited and this is why we think this a very compelling investment, which we anticipate will yield a healthy return.”
In some respects Cypherpunk is acting as a holding company for a diverse portfolio of digital assets and technology, all centred around the theme of 21st privacy and the premium people are prepared to pay for it. Cypherpunk is an actively managed portfolio of assets in this space which it would be hard to replicate otherwise. We think it is a very interesting proposition and one to watch.
https://www.thearmchairtrader.com/cypherpunk-holdings-privacy-technology/
CEO bought another 100,000 shares today after 200,000 on 29th.
Exclusive: PayPal launches crypto checkout service
By Anna Irrera
LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.
Slideshow ( 2 images )
Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said.
The service, which PayPal revealed it was working on late last year, will be available at all of its 29 million merchants in the coming months, the company said.
“This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet,” President and CEO Dan Schulman told Reuters ahead of a formal announcement.
Checkout with Crypto builds on the ability for PayPal users to buy, sell and hold cryptocurrencies, which the San Jose, California-based payments company launched in October.
CEO is buying - a show of confidence
https://gyazo.com/a942a3189641c5b6e567ee1ddf71ca10
Just wish he was buying on OTC KHRIF instead of HODL
Nice to see this creeping back up
Visa has announced that they will be using Ethereum to settle USDC payments via partner company Crypto.com. This is a big deal. I really like when a Big Boy validates crypto.
The good medium term news is we should see 3 substantial upwards moves in the price here.
1) will be the recovery from this dip. And that requires no news or anything to get that.
2) Bitcoin's dip will turn significantly impacting Cypherpunk's value.
3) News on how the PP cash will be used. Those two things will really confirm that buying this dip was a great move. Going to be fun.
Another buying opportunity this morning. I'll take some thank you.
Grid Metals Set to Drill at Bannockburn Nickel Property Completes 15 Drill Holes at East Bull Lake Palladium Property 3/25/2021
TORONTO, ON / ACCESSWIRE / March 25, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to provide an update on exploration activities at its East Bull Lake palladium property near Sudbury, Ontario and its Bannockburn Township nickel property south of Timmins, Ontario.
East Bull Lake Palladium
The Company has completed thirteen drill holes on the Central Parisien Lake Zone and two drill holes in a new target area located approximately 400 metres to the south. Results for the first three drill holes at Central Parisien Lake (EBL21-01 to -03) were reported on March 11, 2021. The new drilling includes step out holes to the west and east from the discovery hole (EBL20-13 - see December 3, 2020 news release) and covers a strike length of approximately one kilometre. Drill core is being logged and split at the Company's core facility in Massey, Ontario. Assay results for the next three holes (EBL21-04 to -06) are expected to be reported on soon.
Bannockburn Nickel Property Drill Program Set to Commence
Grid has now signed a drill contract to complete approximately 2,000 meters of drilling at Bannockburn. The program will focus on the bulk tonnage B Zone target - a direct analogue to Canada Nickel Company's (TSXV: CNC) Crawford Nickel deposit, which is also located in the Timmins area. A drill permit has been received and drilling is expected to commence within the next few weeks, subject to road conditions. The drill program will cover one kilometre of prospective strike length with the objective of confirming nickel grades and widths. A composite core sample from the new drilling will be submitted for mineralogical and metallurgical testing to assess potential nickel recoveries and concentrate grades. Previous metallurgical test work on B Zone core (see recent NI43-101 Technical Report available on the Company's website) highlighted the potential for a very high grade (~30%) nickel concentrate. More information on the drilling plans will provided in future.
Both the East Bull Palladium Property and the Bannockburn Nickel Property exploration programs are being directed by Dr. Dave Peck, P.Geo. Dr. Peck has considerable international experience in platinum group metal and nickel exploration through his previous senior roles with Falconbridge Limited, the Anglo American group and North American Palladium (now Impala Canada) - former owner of the sole operating palladium mine in Canada.
Dr. Dave Peck, P.Geo., has reviewed and approved the technical content of this release for purposes of National Instrument 43-101.
About Grid Metals Corp.
Grid Metals Corp. is an exploration and development Company that has a diversified portfolio of projects in the nickel-copper-platinum group metal sectors. These commodities are vital to the emerging battery metals, energy storage and automotive sectors. All of Grid's projects are located in secure North American mining jurisdictions. The Company is focused on timely advancement of its property portfolio through prudent exploration and development activities.