Notes from Underground – Most read articles for the week ending January 10

The most read, non-Tom, article last week was The View From The Montana Log-Cabin As Gold Is Sandwiched by Nigel Somerville at number 13 or number 24 including Bearcasts.

Most Read

1. Optibiotix – I’m out
   I should have sold a while back when it became abundantly clear that:
   
   
2. Amaroq CNBC interview, shares go ballistic in Canada
   Judge for yourselves what you think of this performance from Eldur Olaffson of Amaroq (AMRQ). As it is my biggest holding, actually, for me, quite a scary quantum, I am very pleased indeed. The big plus points are on Black Angel.
   
   
3. The 2nd N50 tip of the year was..
   After Chesnara (CSN) our second of 4 tips of the year was a gold miner...
   
   
4. SP Angel says Kefi Funding Done – ups target price from 3.5p to 4.9p
   It is Nomad and broker to Kefi Gold & Copper (KEFI) so it is not independent but it says the funding is secured and SP Angel has changed its numbers (upwards) to account for the recent placing and a higher gold price forecast, in a note out today. It reads:
   
   
5. Kefi Gold & Copper – “Corporate Strategy Review and Update”, BUY (we have!)
   Kefi Gold & Copper (KEFI) has issued a “Corporate Strategy Review and Update”-titled announcement including that recently on the Tulu Kapi gold project in Ethiopia it has completed “final project contracting packages, covering all capex as well as over 50% of 7-year opex (via the arrangements for mining services and electricity supply)” and that, “having arranged that the equity capital package includes non-ownership dilutive gold streams and the Kefi EthioPrefs, the required lenders’ approval of the associated detailed documentation is taking place and is expected to be completed shortly”. How does that all compare to the valuation at a 1.20p offer price for the shares, below £130 million market cap?
   
   
6. The Dow hits record high but is down 74% in 26 years
   It may sound mad but it is all to do with purchasing power. The great Peter Schiff explains:
   
   
7. The 79th Group Ponzi: the private planes, the luxury holiday villas, the FCA regulatory failure …it gets worse
   I must not be too rude about Liverpuddlian ponzi The 79th Group lest Evil Banksta gets on the trombone to accuse me of racial discrimination, insisting that all his fellow scousers are, like Ken Dodd, purer than the driven snow and as honest as they come. But the revelations about the £200 million bezzle the 79th Group, now in administration, just get more shocking.
   
   
8. Does Mark Dixon know more than me?
   As discussed in bearcast earlier, shares in Skinbiotherapeutics (SBTX) may or may not be cheap or expensive. What I neglected to say is that some are arguing that the continued buying by Mark Dixon, he now owns 16.2%, shows that they are cheap: he would not buy so many shares if he did not know something. Hmmmm.
   
   
9. Video: why silver is a better bet than gold
   I am not sure that I am convinced of this but silver has been on a rip so maybe something is up.
   
   
10. Lemming: weaponising my mum’s suicide by suggesting I have mental health issues will not achieve anything
    These days, whenever I pen anything on Skinbiotherapeutics (SBTX), within a day a substack pushed by a small furry rodent produces an essay, apparently penned by a psychologist. The gist of the article is always the same: Tom Winnifrith is clueless and losing ther plot while that chap Lemming is a frigging genius. A couple of imaginary stats about my trading account are thrown in and Robert’s your father’s brother. Last night the Lemming's chum was at it again.
    

The most-listened-to Bearcasts this week were:

1. Tom Winnifrith Bearcast No 1: Mr Market has doubts, thank you: I am able to buy more Kefi aggressively
   I discuss today's RNS from Kefi Gold & Copper (KEFI). Mr Market has not reacted well. That is an opportunity for me to buy more shares which I have done in a way that is material for me.
   
   
2. Tom Winnifrith Bearcast: What Kefi needs to do next and Rachel Reeves lies about the FTSE 100
   I am happy to hold my Kefi Gold & Copper (KEFI) shares as, on a three year view, I know that I shall double, treble or quadruple my cash. That is why I bought more shares last month after the placing. But what should it do next? Then I discuss the bogus claims made by Rachel from Customer services about the FTSE 100 hitting 10,000 and new highs.
   
   
3. Tom Winnifrith Bearcast: my silence on Kefi & Smarter Web and Councillor Bick's partial silence on Medpal AI
   I discuss being an insider as of Sunday on Kefi Gold & Copper (KEFI), Amaroq (AMRQ) and trump, Medpal AI (MPAL) and the Smarter Web Company (SWC) and an email from my new best friend.
   
   
4. Tom Winnifrith Bearcast: the case for me selling Ariana & I bet the ranch on the Euroloon and won
   I explain my bet to myself and why I won. I also discuss Ariana (AAU). It is not as if I do not see the shares as cheap it is just that I appear to have stumbled into being heavily overweight in gold shares, notably Amaroq (AMRQ) and Kefi Gold & Copper (KEFI). I discuss Cult Wines and today's exposes and also the London Bitcoin Company (BTC) where I admit I am becoming a tad nerdishly obsessive.  
   
   
5. Tom Winnifrith Bearcast No 1: Amaroq should do an RNS, living rent free in the head of a rodent and more cobblers from Bluebird
   I record with the Euroloon sitting only a few yards away so must be careful what I say. Viva Trump! In today's podcast I discuss Amaroq (AMRQ), Bluebird (BMV) and Skinbiotherapeutics (SBTX)
   
   
6. Tom Winnifrith Bearcast No 2: Will anyone learn any lessons from Versarien?
   In today's podcast I cover the bankruptcy of Versarien (VRS) post a challenge to the board at Kefi Gold & Copper (KEFI) and look at madness at London Bitcoin Company (BTC), drawing an analogy with Argo Blockchain (ARB).
   
   
7. Tom Winnifrith Bearcast No 2: 12 questions for Steve O'Hara and transparency needed on UK stock promotion
   In thus second bearcast I pose 12 questions for Steve O'Hara at Optibiotix (OPTI) and then look at transparency needed with regard to UK stock promotion.
8. Tom Winnifrith Bearcast No 2: NOT selling gold shares and buying oil shares like Jim Mellon
   I discuss what one of Britain's two Buffett's is up to, why he is selling yold shares but there is no read across for the rest of us, and why I am not buyig oil shares but would add to my BP (BP) holding at 400p
   
   
9. Tom Winnifrith Bearcast No 1: oil in Greece and oil in Venezuela
   The harvest is underway at the Greek Hovel and progress is slow. I report on olive oil then discuss crude oil and events in Venezuela. 
   
   
10. Tom Winnifrith Bearcast No 1: Lessons learned as Minoan leaves AIM having spunked 75 million quid and might there be a silver lining?
    I discuss Minoan's (MIN) AIM demise and look at lessons for other stocks we may or may not hold. I consider what retribution is possible for shareholders who should soon receive a tiny cheque. 
    
    
11. Tom Winnifrith Bearcast: Should Kefi upgrade its advisors and the great housing crash of 2045
    
    
12. Tom Winnifrith Bearcast: Complete and utter bollocks research report on Eden from Cavendish
    Either of my cats could have prepared a better and more balanced note on Eden Research (EDEN) that the one published today by Cavendish. I discuss why it is top to bottom complete and utter bollocks.