Member Info for ChessGambiteer

Yes EIE01, I've heard various musings from Zelensky, Putin & others that an agreement may not be far off. Things are apparently going on behind the scenes although Zelensky said that they cannot be made public but I do think both parties are now genuinely looking to end the conflict and we all hope an end to hostilities & ceasefire can be agreed in the coming months.

Troll, Its risk free in the sense that the position is closed before any drilling results.

As said previously, its rare for a small explorer who's drilling for massive resources to do anything other than rise in the months up to spud unless they continually fundraise, on the contrary, they generally rise, some multi-bag, others rise less, depending on varying factors but they mostly rise and the risk of losing capital in the run up to spud, providing your in early enough, is low, hence, risk free, but obviously not literally but in the sense you'd be unlucky to lose money in the run up to spud, so the odds ( for a change) are stacked in your favour.

Obviously this only works on small explorers who are targeting huge resources. Gex is targeting $60 Billion on its drilling & has a £9ml mkt cp.

Troll, I'm not here to teach you how this game works & how to place a trade when the odds a stacked in your favour. It takes many years of experience to understand how the markets work & be able to capitilse on events.

Sure, we sophisticated investors still have losees, they are part of the game but our wins are overall more than our losses.

Just keep your eye on Gex over the next 2/3months and you will see the Chessmaster was right 😉

As I say Troll, Keep an eye on Gex over the next 2/3 momths and see what happens.

If you forget, then I shall remind you 🤑

Riding the ' Rise to Spud' is a simple strategy that works more often than not as long as you know what your doing & how the game's played😉

No Troll, I have employed the 'rise to spud' strategy with success numerous times over the last 20 years. Sure, it doesn't always work but more often than not when a small explorer drills for huge quantities of oil/gas, its shares rise sharply up till results, then it either crashes on a duster or soars on a strike, statistically, it mostly crashes on results as the COS ( Chance of Success) is generally low so I never stick around for results, that's a mugs game.

I'm out as soon as the drill bit hits the ground ( or even a few days before) with or without my risk free profit.

Its a well known strategy to sophisticated investors.

Afraid I don't know what your on about CMG, I'm just waiting for approvals like everyone else and I'm as frustrated & disappointed as everyone at seeing my investment decrease in value significantly because of this extraordinary long wait that is potentially infinite as it has no genuine expected timeframe whatsoever .

Afraid there's more chance of another placing than approvals. Jezza likes to get one away around every 2 months ( check rns) so yes, another placing has to be Imminent.

Of course, we all hope approvals will come but after 1.5 years of waiting, we all know it could as easily be next year as next month or tomorrow.

Frustratingly, we simply don't know, there is no timeframe, none whatsoever.

No Troll, I didn't know or expect a placing was coming as they only raised 4 weeks ago but these things happen with non-revenue explorers.

I'm still in profit, albeit to a lesser degree after todays fall but the raise is only a small amount and will have little impact on the sp over the next 2/3months.

I'm actuallly buying more now in readiness for the next leg up, which will come once the small placings churned. Big Volume will churn the placing quickly. This placing is only 20mln shares and todays volume is over 30mln, so whilst placings are rarely welcome, they are part & parcel of non-revenue companies and allowances must be made for them. So I'm increasing my position to maximise my return on the run up to spud. Demand for the shares will be strong in the run up to spud.

Its sad that you derive enjoyment from seeing shares fall but please keep watching Gex over the next few months and you will see how money is made - instead of wasting yr time here gloating over shareholders misfortune because of Russias SMO.

Will they raise £1million every 4 weeks now in the run up to spud to capitilze on the demand.

That would be good for the company but bad for shareholders as it would kill every attempted rise up to spud.

Down 25% in the blink of an eye.

The did a fundraise only 4 weeks ago

Gex will blow 10p out of the water in no time, this will multi-bag by the time its spuds.

The huge company making resource & fully funded drills are drawing investors in.

Expect the rise to continue up to Spud, then investors will have the option to take some profit & leave some in for the results. Or just take the risk free profit.

Either way, there's serious money 💰 to be made here over the coming months 💰

Leave you ( Troll/Offler/Wolf etc) sad losers to it , money to be made in Gex over the coming months and potentially Trp but Gex is pretty much a guarantee up till spud, that's when I depart with my risk free profit. Waiting for drill results is a mugs game, simply take the risk free profit.

Eua will come to life when SMO ends, until then its completely dormant

I'm having good sport in Gex at the moment & thats where my focus is over the coming months.

I'm certainly not stooping to the depraved level of Troll & Offit by engaging these Freaks.

Sure, another small placing or two is possible to keep them going but its nothing in the grand scheme of things, it doesn't matter if it drops to 2 or 1p as it will be in double figures on peace regardless & that's why I'm here and not in the slightest bothered about a few more small placings or the annual results for this doormant exploration company.

On the contrary, would quite welcome lower prices whilst the SMO rolls on so I can get some more ready to maximise my return on the upcoming peace deal.

Offyrocka....You cannot even comprehend my post , now thats a real thicko !

Naturally,a non-revenue doormant exploration company will have to do placings, its that obvious it doesn't even warrant saying, talk about stating the obvious but Troll's trying to stir interest in this non event.

So Einstein ( Resident Troll) thinks a doormant company with no revenues will do a placing at 'some point' ! 🤣😂😅😂 What an Obviously Pathetic statement that is from the resident Troll.

Why on Earth Trolls trying to stoke up interest in a complete non -event ( results) from a non-revenue doormant company shows there is nothing happening in his sad life.

As we can see by his posts, the resident warped troll ( who has NO invested interest in Eua & hates the company with a passion unrivalled) is anxiously waiting year end results in a dormant company ( until SMO ends ) 🤣 How Sad is that ??

What does Troll expect to hear from a company that is dormant 🤔

Troll's One Sad Man !

Oh well, if British intelligence says the casualties figures are X, then who is Russia to question that 🤣 Naturally, The British will know Russian casualties better than Russia themselves 🤣and of course, one should never question British Intelligence, who in 1982 didn't even know 25,000 Argentinians had invaded the Falklands until after the event & more recently British Intelligence confirmed Iraq had weapons of Mass Destruction that they never actually had🤣 So you can forget the biased British Intelligence service for Russian Casualty figures.

Its no surprise that some meduim/ long term shareholders will 'pretend ' they are not underwater after the 99.99999999% fall and of course,that's to be taken with a large pinch of salt but I do understand that kind of bravado is a common way some shareholders deal with the loss and thats fine if it helps, each to their own.

Ed, the drop here is 99.999999999999999% for most holders.

For every pound invested they now have a tiny fraction of a penny left.