IVZ 1.25% 7.9¢ invictus energy ltd

Ann: Trading Halt, page-111

  1. 18,944 Posts.
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    there are a lot of people who are gambling (Not doing their own research to understand the risks).

    of course, when you get it right - ie. following who they think is the expert (the gamble), you can make a lot of money.

    but when you get it wrong, which is often in the O&G exploration game, you can lose up to 90% of your original investment.

    the simply fact is: Nobody (Not even the best Geo) can tell how Mother Nature (Geology), if to reward you with the jackpot.

    the vast majority of drills end in failure; either uneconomic to "Extract" or "Empty"


    many on this forum don't have clue about the O&G, and at what stage the company is at,

    they simply pile in, following someone they think is the expert, who will help them make a lot of money - ie the FREE RIDE

    and attack anyone who post anything to the contrary.


 
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