Member Info for triumph1

As predicted. Wave of profit takers

All 3 of my platforms are NT. Cant buy or sell a bean.

Bloody infuriating we cant trade this one! which platform is allowing you to buy, let alone sell here?

How? Did you ring in stephen?

I want to see how the "buy on speculation, sell on news" trade plays out first.

Now the news event is over, and we dont have a timescale for the next newsflow, the funding for additional testing and operating will now come to the front and centre. first 30 mins will be interesting.

Today should be a great trading day regardless. Exciting.

Fun fact: A QUARTER of all posts made today are from one poster. Getting a bit ridiculous now.

Neil777, your fingers must be red raw. Then again, all of your content is identical. Thank goodness for copy and paste, or you would surely have no fingers left.

Helium 3 occurs about 1:10^6 of helium 4 i think.

Of course, he3 is much, much more expensive isotope than he4. But you would never find a pocket of pure he3. physics wouldnt really allow that.

Quality you are referring to is the concentration of hydrocarbons (CxHx) present in the gas. The lower, the better.

That thought has crossed my mind blubay. And i have seen that before, where a find is accompanied by a placing. Its always bad news when this happens.

It doesnt happen very often though, so i think it would be unlikely to happen here. The only situation that this may happen is if the find is borderline commercial. This way the board can get away a placing at a relatively decent price. But still unlikely IMO as it takes time to find placees.

If it is a decent find, they would let the market dictate the value, then conduct a placing based on that.

The thing is smkr, for every example you give me regarding an incoming board actually increasing the Mcap, i can give you 100 examples that have failed. So you have to ask yourself; Is this new board one of the 1%ers?

The onus is not on me or anyone to give them a chance as the chance of sucess is too low. It is up to the new board to prove to us that they are worthy of a chance given the such low probability/occurences that what they say will actually come to fruition. in other words, show is something tangible.

Havent brought in yet, but my personal strategy is to wait for this to drop to around a penny +- 10%, then to jump in.

Timing is everything however. If news doesnt land on monday (which i am hoping for), some will get bored and move on, which might cause the SP to drop, which is where the vultures such as myself pick up the pieces. If there is news, there are 3 scenarios that will play out:

- News is far better than anticipated/expected and the find is confirmed as commercial by some margin: This will of course test new highs so i would jump in at 8am.

- News is as expected (not a duster) but nothing groundbreaking/borderline commercial: There will be an initial spike as those who dont fully understand the RNS will buy at 8am, but this will be short lived as those already in will bank profits, causing the SP to drop.

- Duster: No explanation requred as to what will happen if the well is dust.

So, you should ask yourselves: What is the market expecting? The closer to perfection the market expects, the more likely this will drop on any outcome. Then again, the Mcap hasnt gotten too far ahead of itself so there is scope for a nice rise on a good RNS. But anything less than/borderline commercial will see the SP likely tank. The key here is how commercial any find is.

GLA

Apologies for the negative tone, but...

How many times have we heard an incoming chairman of a tidler such as this state that "our goal is to reach (insert ridiculous mcap figures orders of magnitude above current mcap) mcap by x time", and "fantastic unrealised potential" (that somehow, the previous board couldnt capitalise on??) If i had a penny for everytime we heard that one.....

Its also nice to see the new board have their priorities straight by outlining crazy renumeration packages, including "consultancy fees" and shares that vest for just 60 days (just in time to dump on the market after ramping up with silly aforementioned statements)

Extremely skeptical and dubious here until proven otherwise. Could be a quick in out trade from now until this 60 day vested period as the new board will be ramping this up, but until they actually show the market something other than sweet talk and dreams without a plan, i will assume this is another lifestyle AIM "company".

Of course, it would be great to be proved wrong! Now show us something of value instead of the usual waffle we have all heard a thousand times.

Hahahaha i think we have heard it all on here over the past few days.

Bidding war between elon musk and warren buffet anyone? sundar pichai will throw in his hat too

Nope, momentum stone cold dead. Dont shoot the interpreter.

volume noticably dropped off after the plunge and now stuck in a trading range. Completely different landscape to pre plunge and the days before.

Unlikely. Th momentum trade is dead after that massive drop. It will probably stay arond here until news is out

Discovery? Not yet shareguru. But after years and hundreds of millions of dollars they are finally flow testing a well. So if thats what you mean by "most promising position", then yes, i agree. But if this is a duster, then 88E will no doubt pivot away from alaska. This will signal a new phase of the company, preperations are already underway. That is what i mean when i say curtains, as the SP will crash and the company will conduct endless placements with the consolidated shares on these new projects in africa. It will become another one of those nanocap lifestyle companies to keep the board in employment. So yes, hickory is the last roll of the dice in alaska.

Talk of consolidation and this strange diversification is not exactly sending out good signals. You can argue until you are blue in the face, but this signals a shift in the company, and like redbeardoil states, a restructuring or preperations if this well is a duster. Talk about lack of confidence in finally flow testing a well.

Personally, i dont like that one bit and has a really weird vibe about it. I would prefer if they were all in on hickory. Again, as redbeard states, if they didnt diversify then they would have had enough for the horizontal testing?

What other conclusions can the market come to, other than the board having a complete lack of faith in hickory?

Dont get me wrong, i hope the hickory is a gusher.....boy do the long term suffering shareholders need a win here. But i wont hold my breath based on the negative vibe the board have created around this well.

Blimey, gone for a few months and this is what happens. What have you guys been doing here.

Or is it what the company hasnt been doing here.

Some of the commentary never changes. We have X billions in the ground ect ect. The market wouldnt care if SOLG had x trillions, if there is no plan to monetise then who cares anymore.

Mr market needs to see some monetisation trigger. Its about time SOLG make something of this.

That drop put a kibosh on momentum and sentiment. It signalled the end of the momentum trade.

The stock is now moving into a new phase, which is awaiting these wireline results. Place your bets time!

Moving fast now. This is obviously a pump and dump, but nice if you are in for the ride and bail out before the pumpers dump, or issued with a speeding ticket. Tempting, but dangerous....

Getting a placing away so fast would be impossible.

Hmmmm yeah, not buying into this rise. Classical P&D operation. An announcement of a partnership with another minnow doesnt warrent this rise.

Proceed with caution!

Wow, surprised this one is still a going concern to be honest. With 24...yes 24 billion shares in issue, they kind of need to consolidate. But nothing has ever come good from that, and the company are just setting themselves up for more placings to fund their new african ventures, so i understand investors concerns. Consolidation is a toxic word.

One has to question the timing of this diversification and consolidation drive given that they are finally flow testing a well after years in a so called rich alaskan oil field. It doesnt exactly ooze confidence. Its almost as if the company is preparing itself for failiure by consolidating and relocating to start again and keep the board in jobs. Sorry, but i have been around the block one too many times, and have seen this kind of thing before.

If this well is another duster, then its curtains for this company. And the market is weary and cautious given the subdued SP and no run up into flow test results.

That was beyond shake. That was sinister! It happened in the space of a few minutes. Certainly spooked me into thinking someone knows something the rest of us dont?

Tree shakes are 20-30%. That a wipeout! Brutal