Saturday, December 16, 2017 9:53:23 AM
But.. since I am trying to estimate present value based on announcements about FUTURE mining rig deployments, there is considerable risk... so many things (including exponential growth of competitors orders for mining rigs), rising prices for rigs, production delays, shipping delays, installation delays, electricity supply issues, Bitcoin price fluctuations.. can all impact a company's ability to actually deploy a specified number of machines on a planned date. So, I offset those risks by trying to estimate conservatively.
Also, my goal here is to try to estimate the value that is inherent to the companies. Another theory of value is based on "what people are willing to pay" - and that's where "crypto fever" lives. The risk there is in getting caught up in it, in placing a higher emotional value on a company which leads to buying it at a price it can never repay. BTSC is an example - you'd have to buy 1/5 of its 150 million shares, at $0.32(or more) each, to "own" 1/5 of its 5 (equivalent) Antminer S9 mining capacity. 10 million dollars is too much to pay for the capacity of a $5,000 mining rig.
Still, one can say that $0.32/sh is "fair" for BTSC as long as buyers volunteer to pay that price when you want to sell. I'm only saying that the BTSC price is ALL "crypto fever", zero company substance. Which eventually leaves a bunch of investors holding expensive shares of nothingness.
I feel that by highlighting the inherent company value, from credible earning capacity, we have a better chance of raising awareness (and prices) so the "fever" bonus can start to work as "insurance" for us.
Bottom line, I am SO CONFIDENT that SANP is the safest play here, because it has the most headroom of any crypto company I've seen.
Did your stock TRIPLE on 12/13? One of mine did!
Recent SANP News
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 02/01/2024 09:55:44 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 01/31/2024 10:11:21 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/19/2024 09:46:51 PM
- Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 01/11/2024 09:59:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 05:27:38 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 12/05/2023 06:30:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/12/2023 03:39:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 05:03:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/04/2023 02:24:15 PM
- Strategic Joint Venture Signed by Santo Mining Corp. and Planta Vida S.A.S. • InvestorsHub NewsWire • 10/03/2023 07:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/12/2023 04:46:55 PM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM