Member Info for Splice

RENT FREE

I am not part of any crew, I do my research solo.

>>diligent and selfless researchers
Lol

Very good pick on txp, will have another look, I went down that rabbit hole a few months back. Thanks

EAL, I am not spreading doom and gloom. I think I am reasonably appraising the risk here

Zebra, I can still buy with doubts. The speculation I like had low downside and high upside. Heads I win, tails I don't lose much. There are several events here that are skeeing me towards passing on this until September, as fire man has suggested

Croxie, I use the bulletin boards to short track my research. I use other sources as well. I don't lose money. The secret to not losing money is you actually have to pull the trigger and sell when you are up or things are not turning out as you expected. This is the most common problem with these stocks, people ride them all the way up and all the way down. I never sell at the exact top but I also rarely take a loss.

Croxie, the market has fallen out of love with this share, it dumped 75%. Clearly I am not the only one with doubts, I don't even think I my views are very contrarian in this case

Highland matt - carbon capture business looks small fry and I don't think they will manage to scale it. Trinidad bopd and resource estimates are tiny. It has stalled apparently due to covid

Croxie, I have seen it referred to previously as the sweet spot

Fireman - yes I am still researching.

Mk111 - yes I use bulletin boards to find stocks and research, it works well for me

Sefton - I already posted my strategy and motivation, it got deleted because one of the board members probably reported it. It was long and I won't write it again.

EAL - I haven't decided whether to invest, probably will take a position at 3.5. I am going to keep researching on this board

HighlandMatt - the data is telling me the that there is probably not commercial has in mou-1. Mou-1 was previously the 'sweet spot'. Mou-1 is no longer the sweet spot and is instead an indicator for mou-4 which is the new sweet spot apparently.

If love to give an answer, I just replied to another thread about my speculation strategy and what I look for in a stock but it got deleted for no reason. I won't answer because this thread will probably just get deleted as well

Looks like I'm living rent free in your head as well. Who is Leo

I'm not going to big note myself. My strategy for speculation is as follows:

The shares I like are those that have been mispriced by the market due to a fixable problem. The problem could be caused by a supply issue, public panic, macro issue, pandemic etc. I then speculate based on an upcoming transformative catalyst. I want my bet to be asymmetric in risk reward - downside is small and upside is big. I sell when my thesis has played out and do not return to that stock. I am long only.

Ireland is a pipedream. Trinidad has limited upside and appears to have stalled. I am ignoring both for this trade.

My motivation here is to try to understand the next big catalyst - mou-4. The potential upside is clear, but what is the downside in case of failure and what is the likelihood of commercial success (I do not call simply drilling to 1400m a success). All my research is around these two questions.

If my efforts help others that is a good thing but ultimately I don't mind what others do, it is up to them.

I believe I have had interaction with moose and mooses mom in the past on the Boohoo boards. Chesh I am also familiar with and I ignore his posts. I am quite sure nothing I have said defames anyone. I do think management have done a terrible job communicating with shareholders. I also think people on this board are too optimistic and some are delusional.

Mk111, I am here to flesh out my thesis on PRD. If you feel I am helping you the that's great. Be careful of echo chambers

No problems blackdog.

I am here because I am interested in taking a position in the company and want to do research. I have previously stated the reasons I am skeptical about investing but it was one of my posts that was deleted. I believe I am raising legitimate points and I don't understand why I need to be censored. Echo chambers cost people money

Blsckdogstaff, where do I say bought in. I own no shares in PRD and never have. This is just another mistruth on this board. That statement is actually typical of this whole board - someone makes something up, it isn't true and then a bunch people hit the Recommended button. Echo chambers may make you feel nice but they don't help you. My posts keep getting deleted. Saying anything negative about PRD is against the rules it seems

If he had to sell his shares on exit, wouldn't he need to sell all of them? Does he still own any shares in PRD?

The sold them and then bought them all back? I prefer the simplest explanation - he sold because he doesn't believe in the company any more.

Adam, you don't know the mind of Mr pillbean. I cannot accept that he believes there is a big find coming in mou-4 and sold the shares due to ego. I have never met him but I find this highly unlikely.

In the matter of the 20% shareholding, it would be really interesting to see how much of their own money.the directors and senior management have put into this company. I like to see cash buys. I do not like to see large holdings based on stock options or free shares. Is that 20% cash they have put on the line?

Hey GRH, really pleased to hear you have read my body of work and learned a few things. Let me know if you have any more questions