Member Info for investor33

Meanwhile the American professional trader that I follow, and who has been mocked by WOS and Hamm, made $104,709 in profit in just one trading session just the other day....The next day was poor - only $40,000 profit through scalping. There are winners and losers in life I guess.

And we had one Nasdaq micro-cap the other day going up by 2,000 % in one session.

And meanwhile we wait for ever for the fabled multibagger on here....Some have waited for 10 years.

Well done GKahn for proving that ' TenBagTag ' is here to spread misinformation. I don't suppose I'll get an apology from him for me being attacked by him for telling the truth, and for calling out his lies.

TenBagTag ; I suggest that you do a lot more research about this share - then you might find out that the MG will be taking nearly half of the profit. So your $30m is wishful thinking nonsense.

Meanwhile as people argue ad infinitum on here, and spend years of their lives fretting and waiting for the elusive Matd multibagger, on Nasdaq Staffing Solutions has just gone from $1.58 at the start of 9am pre-market ( GMT) to a spike peak of $7.78 at 10.08...

It's now $3. 74 as I write this at 12.33, so it just shows how news catalysts create pump and dump spikes with micro-caps, whether it's Nasdaq or AIM....

Abzzba " Never trust a basher. investor33, adw, Krok, Stas20, to name but a few."

Maybe you haven't look back far enough in my previous posts ? Here are two from the 30th April and the 1st May of this year straight after the AGM had taken place ;

" Overall, I feel more positive than I did yesterday evening. It's great news that MATD is funded until 2025, and that Petrovis will help as well financially via a drawdown facility. I did mention that Petrovis will protect its investment in MATD and the kudos of eventually extracting oil via what it calls its subsidiary - though why does the MATD website refer to itself being ' a parent company ? '

" Professional ; instead of wasting time every single day repeating the mantra ' there will be a raise soon ' how about spending that time focusing on timing your trades effectively ? "

As you can see from that last post on 1st May it didn't exactly do me any good to assume ( and to also tell others ) that I didn't feel that there would be another raise. Of course at that stage back in April/May 2024 investors believed that a well development would cost $1.5m and not $4m, as the company had never bothered to clarify this point until during the last investor presentation....Plus we had been told that the company was fully funded until well into 2025 and that the Petrovis drawdown facility was available.

Whoops - 'chunk ' and hopefully not ' junk ' in case some thought I was being a ' basher ! '

Maestro ; I agree with what you wrote - production does open up funding. That's why I will retain a decent junk of my holding, and then wait to see how things develop. H2 turning out to be being commercial would definitely make a huge difference.

Some don't seem to realise what a huge spike in the price of oil did to the global economy in 1973 - a world recession caused by the shock, with soaring inflation, energy shortages and high unemployment. And a very sharp and sudden oil price hike right now would create an even greater slowing of the Chinese economy.

I agree with Adw198 ; this board is full of chancers, who seem to lack any basic intellect.

Hamm " If MATD is a failure and can't pay for the next wells ( this is what you believe) then why should the share price goes up?"

I told you that the idea is to hold some and then see what happens next. If I feel that another raise looks imminent say early next year then I exit completely.

Why would $100 a barrel be considered ' conservative ' when it's $73 a barrel today ? And with the Saudis threatening to spite Russia, Iraq and Kazakhstan through taking back market share by upping their production ?

Some people seem to think that it's a cert that Israel will attack Iran's oil production facilities for some reason, and that $100 a barrel is nailed on.

Hamm ; you are not the sharpest pencil in the box are you ? To repeat to you yet again ; I am not crystallising paper losses into real losses - why should I ? You just seem to have no idea to do with this game. Give me a decent spike on good news for H1 and 2 and then I will take a large chunk out with hopefully some profit. And then wait to see what to do with the rest.

Got it yet ?

Stas20 ; maybe it means going in with your eyes fully open ?

I am reasonably positive about Matd actually. I've waited since August 2019 for them to become a producer at long last, and I'm very happy about that, as will be all the other long suffering LTHs. Maybe if the company had told us earlier that the full cost of a well is $4m instead of $1.5 which turned out to be the drilling only element, then I would have sold up just prior to the raise when the LP was granted, and then gone back in much lower. Judging by the question posed in the presentation, investors up to then believed that the total cost of a well would be $1.5m.

If H2 is commercial then the picture becomes significantly better, however assuming that the results are good for H2 then my remaining reservations are ;

- We still haven't got the PC agreement fully over the line.

- I don't believe that PM will have $8m to spend on H3 & H4 come next May. Even if H2 is commercial, and they extract say 800 bopd from both, IMO that's till not going to pay for 2 more wells come next May. If it's only H1 in production over winter, then it's even more unlikely.

- A previous RNS stated that the reservoirs in this area are not predictable, so it's possible that there will be some dud $1.5m drills before they hit the oil in each Heron phase. Nobody on here seems to factor in this extra financial risk.

- The Saudis are not happy with the likes of Russia and Iraq and are threatening to crash the price of oil to around $50 per barrel.

- Whatever the total amount of oil is extractable from Heron, the fact is that right now PM only has a 5 year licence, and it would take decades to extract all the oil. And still neither governor has signed the provincial tripartite agreement in order to give PM an unlimited time period for Heron production. Therefore PM will have to hope that the district 5 year licence can be renewed each time - which means more Mongolian bureaucracy.

- The total cost of another 8 wells beyond Herons 1 and 2 is $32m plus the possible extra cost of any dud $1.5m drills in each phase, plus the cost of running the company for however many years.

"However this professional doesn't take his advice and here 24/7! "

Why do you think I am going to be taking a large chunk out of Matd once it spikes again ? And then just leaving in an amount which I am happy to hold for a number of months without bothering particularly with it.

Matador00 ; "Now look at us on the cusp of being a producer with multiple wells and renewables and @2.35p it makes no sense at all."

Maybe you should be following Nasdaq instead of the useless AIM.

I've just been watching Versus Systems go from about $1 a share at the end of regular trading yesterday to touch $9.6 just a few mins ago. I use a 1 min chart. $3,720 Scalping profit in just 10 mins. It's pulling back sharply now as these types of micro-caps usually do after a news catalyst.

never trust someone who had seemingly no interest in pm until late last month, and yet ****s off lths who have often been invested for years. and who does he think has funded the company to date so as to allow him to try and profit from heron ?

..

WOS ; which part of " I have not paid for any trading course " don't you understand ?

Maybe take some paid English language lessons ?

Proquo ; just on that point about the raise " being obvious. "

it was only in the investor presentation that PM's Jerry clarified that the total cost of developing a well is in fact $4m and not the $1.5 that retail investors had previously believed, due to the company not having previously clarified pre-raise that the $1.5m is for the drilling only.

If it had been a total of $1.5m to develop each well then obviously the perception of whether a raise would be necessary or not would have been radically different. Plus MB referring to the Petrovis soft loan facility and the statement that the company was fully funded until next year. So i would say that a raise was not obvious at all, and in fact the subject was heavily debated on here at the time, just before the raise happened.

Hamm ; thanks for the great advice to crystalise a paper loss with production just around the corner. It's as good as that ' guys there's no risk ' advice before the district committee had voted on the land access...

I have said before that I am overweight on this share having averaged down after the raise. I intend to sell a decent chunk once I am in profit again, and then hold and see what happens with the remainder. Got it now ?

WOS ; I don't think you will understand this, but I will have a go nonetheless ; scalp day trading with micro cap Nasdaq shares using the excellent Thinkorswim platform has absolutely nothing to do with investing in something like PM. I am doing live market simulator trading right now ( successfully ) with average trades lasting 5 to 10 mins max. That's scalp day trading for you. Shortly I will be trading for real as it's going very well so far. You may be too simple to understand this concept, but I'm afraid I can't help you in that respect.

Re the total recoverable amount from Heron. Right now PM has a 5 year licence - that is also part of the risk factor, but never gets mentioned for some reason.

Hamm with the famous " guys - there's no risk " declaration on here, months before the district committee had even met to vote on whether to grant PM land access...That statement says all you need to know about him as an " investor ."