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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

Comment by Chreca1on Apr 15, 2021 10:42pm
132 Views
Post# 33008828

RE:RE:RE:RE:RE:RE:RE:RE:RE:Twiter TXp private group

RE:RE:RE:RE:RE:RE:RE:RE:RE:Twiter TXp private group

smxmcx2 wrote: Chreca1. Nothing wrong with presenting your interpretation of the information provided. It prevents this board, and any other, from becoming an "echo box". I have been criticized also for presenting a negative interpretation regarding what I am seeing. This promotes a healthy discussion.

 

Definitely a very unhealthy approach to silence any other view than whatever is allowed in that group, when it comes to investment discussions all aspects/angles  should be looked upon needless to say anything else being toxic and counterproductive in the end.
Especially when only stating facts like in this case, the intermediate zone is abandoned, no matter what high hopes we had for it.
I have a positive view of TXP going forward given Casca and Coho future cashflow and potential Royston upside for free so to speak at these SP levels, but the great hopes previously held for Casca Deep (the exploration side) and Chinook is now put on hold in my view and they need to show their goods first until we may give them  any real value at this point in time. Potential value sure but more work/test needed first and in Casca Deeps case additional drillling. 

 

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