Member Info for TrekMadone

I don’t want to pss on anyone’s chips but I’d say that trade was a sell.

Worry not though the market absorbed it and at above 3p. That is encouraging.

It may just be the last of Riverfort selling into the recent liquidity.

Remember it’s all conjecture as the nomad doesn’t enforce regulatory TR1 compliance!

My math hinted they still had a little to shift. My money is on this is the last.

Let’s see what next week brings.

The Bod should really be pushing with ops news now to defend the sp…. Like that’s rocket science, but apparently it is!

As any big drops from here would hint at indigo playing games — so from one sht show to another!

Guess we will soon see what sort of partner we have!

Usual caveats

Trek

Doesn’t sound like a definitive no as per our armchair experts view!

Trek

Yes, there are indications of oil in Jamaica, with exploration finding hydrocarbons in all drilled wells and natural oil seeps, suggesting a working petroleum system, but a commercially viable oil field has not yet been confirmed;

companies like United Oil & Gas are actively exploring offshore, identifying significant potential reserves but requiring further investment to drill deeper and prove commerciality, making it a promising frontier but not a current major producer.

Evidence of Oil Presence:

Hydrocarbon Shows: All 11 wells drilled so far, both onshore and offshore, have encountered oil and gas (hydrocarbons).

Natural Oil Seeps: "Live," flowing oil has been documented onshore for the first time, indicating active petroleum systems.

Data & Estimates: Extensive seismic surveys have identified multiple prospects with potentially billions of barrels in prospective (unrisked) resources, particularly in the Walton-Morant basin.

Current Status:

Exploration Phase: Jamaica is considered a frontier area for oil exploration, with companies like United Oil & Gas investing in exploration.

No Commercial Discovery (Yet):

Despite promising signs, no "commercial discovery" of a viable oil field has been announced, as the oil found so far hasn't met the requirements for large-scale extraction.

Next Steps:

The focus is on securing funding for deeper wells to confirm commercial viability, similar to discoveries in Guyana.

In essence, Jamaica has oil, but extracting it commercially remains the next big hurdle, attracting significant industry interest.

Is there a link to the $100k offer - my worry is there’d be no one to run the mines short term!

Trek

Also MTS, tbcx, Stanley and others 👍

Trek

Really appreciate your knowledgeable posts on the EXG possibilities BP. Must say it’s something that until you said I never figured as an option due to the small mcaps of both. But post MTB merger it opens up more options.

Looking through EXG’s pf with 4 holdings at 100% and PXC being the smallest of the 6 in terms of % positioning it’s stands out a bit from their ‘norm’.

https://exgeninc.com/investors/presentation/

Fwiw the unknown trades today at 3p are very likely buys. One is mine.

Usual caveats

Trek

Don’t forget we have assets in Greenland! Trump according to cnbc is interested in deals

https://www.cnbc.com/2026/01/08/-greenland-critical-minerals-mining-amaroq-us-government.html

I hold amrq as well

Usual caveats

Trek

GRX - I have a few. News on litigation. Singapore rejects Poland’s set aside motion. IMO they’ll drag their heels and pay. Interest is accrued £17m I think and counting! Over 200m claim! Check rns’s V unlikely they loose in next round.

Proceeds used for mining rest back to shareholders.

Sp pop today but a while yet to go.

V good tuck away on copper alone!

Usual caveats

Trek

A useful and satirical newsletter on world events

https://www.internationalintrigue.io/?utm_source=archives.internationalintrigue.io&utm_medium=newsletter&utm_campaign=yemen-s-wild-plot-twists&_bhlid=a8f76c4353ea8b3238709d532b281d26b518e8d8

Trek

Hi Stas,

I first bought below 10p and first sold at 114 from memory and on the way down.

Did well then buying in 40’s and selling at 50 ceiling several times. Posted trades on the then Tecan BB

Then lost buying at 30p and selling out low 20’s

Then re-entered in 6, 7 and 8 on RnS day. Now out.

Waiting to buy back. Tied up at GRX atm

Don’t get me wrong I am an accidental trader here. Was hoping to hold and collect dividends! lol!

Been here around as long as photo back when danawinner alerted many to txp in single figs

Thankfully I acted rather than just watch the value destruction!

Don’t expect +100p here again but who knows with the geo!

Luck to all

Trek

Just on the selling it’s probably profit taking. Many folk, self included, that bought in 6’s 7’s and 8’s see 10-11p range as a very good profit.

Stocks tend to retrace at some point and that’s nothing to do with Txp.

It’ll likely be off again from a higher low to a higher high.

I made 40% on the last run. That’s not to be sniffed at. But there is imo more to be had!

Usual caveats

Trek

Koine,

It’s a pain - I had about 300 companies listed on different structured watchlists. Don’t really want to build all again!

Waiting for weekend. Hope they fix it!

Trek

Telelodome,

I note that your posting history on BRES BB went from extremely bullish on 21st Mar 25 (‘Triple production’) to negative thereafter. Not a criticism. We can all change our minds and also have opposing views, it’s what makes a market.

Since then BRES sp has gone from 3.2p to 7.25p

Now your first post here explains that you are an expert of sorts in O&G and yet as an expert any views would be evidence based. Not just opinion. Yet you provide no links for a known outcome. ‘No oil’.

My view FWIW. I have no idea if there is commercial oil there or not. It’s pretty much a binary bet based on some analogous results on land and seeps.

Given the upside potential which could be huge it’s definitely worth a ‘spin’.

And furthermore an absolute ‘no oil’ view would mean an empty data room with no industry experts interested in the slightest!

Usual caveats

Trek

No joy with google, signed out rebooted, tried a saved link etc zilch. When you try and raise an issue it sends you to google communities wtf! Managed to send something into cyber space tho! What a load of bull. Never really liked the google set up anyway!

Trek

Anyone else lost their google watchlists?

Trek

Flows are reportedly turning away from tech, mag 7 etc and towards value / stock picking.

Just need to see some more tangible company reports than just news headlines.

This is ASHM’s TU…

“ AuM increased by US$1.1 billion (+2%) over the period, comprising positive investment performance of US$1.4 billion and net outflows of US$0.3 billion.

Net flows continued to improve through both higher subscriptions and a further reduction in redemptions, as investors increasingly recognise the outperformance and relative attractions of emerging markets.”

EM inflows is a good sign imo that value is being sought. London seems to have turned bar renewables. Insurers and banks are in demand.

LIO should show some green shoots soon imo!

Usual caveats

Trek

Never had to pay any charges - I thought they applied at management level and were applied centrally for costs of running funds. This doesn’t affect investors.

Usual caveats

Trek

Out for now bagged a nice profit from 144 average. That more than compensates for a few years dividends!

Have done well now several times trading this one.

Expecting this to go lower short term so will look back later. Don’t even mind paying more than 190 on a good peace deal but I am not watching capital erode annd would rather protect profit. Never been happy with Scotland investment, the Uk just isn’t mining or O&G for that matter friendly.

Usual caveats

Good luck

Trek

Just out on CNBC….

“ Secretary of State Marco Rubio said Wednesday that he will meet with officials from Denmark next week about Greenland.

Rubio’s comments came as the Trump administration has amped up its rhetoric about taking over Greenland, which is a self-governing territory of Denmark.

This is breaking news. Please refresh for updates.”

AMRQ will prob bounce now!

Still better to be able to rest easy. I did have a load in the 60’s!

Trek