From Fallen London Wiki

Lie this, Lie that, fucking hell not everything is a lie you absolute massive. Hell like Garak said even the lies have grains of truth.

The normal success is talking about the Elder continent and its luminosity, the bit about foxes is obviously just speculation derived from the fact that normal candles are called foxfire candles.

The Rare Success is obviously talking about a Stormy-Eyed Zailor, what happened to him obviously matches up with what we know about Storm and the thunder dreams.

The failure is just talking about nothing of real importance, it doesn't matter if it's a truth or lie but it calls to mind the Corsair Forest of Gaider's Mourn.