I see it as an educated guess because we have researched into the company, it's potential, current drills, BOD - and deduced a high probability of success.
A gamble is a day trade of a chart of TA action, roll the dice and hope for the best.
But your are correct, likely just mis use of the term gamble.
Gold Jumps More Than $20 on Fed, Stimulus Expectations, page-20
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