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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.


TSX:TXP - Post by User

Bullboard Posts
Comment by Mastermind_9999on Jul 27, 2007 10:52am
303 Views
Post# 13160345

RE: PBG vs. PMG

RE: PBG vs. PMGPMG is tightly held, so getting in/out at the price you want can be difficult. LEss liquid (PMG) generally means MORE volatile than a stock more widely traded (ie pbg)... In this case however, we've seen PMG hold up because of recent positive news, and also the fact that the few investors who are in PMG probably aren't as retarded as some PBG owners who jump ship. IT would be nice if J.W.'s plan to give PMG dividend shares to PBG shareholders happend sooner than later, as there will probably be lots of upside to both stocks in the next 2-5 years
Bullboard Posts