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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Energy Oil & Gas E&P
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

Touchstone Exploration Inc > So quiet in here.... how about a song ?
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Comment by stanleyon Apr 21, 2021 5:08pm
116 Views
Post# 33039242

RE:RE:So quiet in here.... how about a song ?

RE:RE:So quiet in here.... how about a song ?Lurk & Learns:

How does this work again? And yes they call it a business plan.

Short Positions for TXP
Symbol Report Date Volume Change Shares Issued % Float
T : TXP 2021-04-15 569,741 433,495 209,399,627 0.27
T : TXP 2021-03-31 136,246 -587,343 209,399,627 0.07

1. You buy/accumulate a short position (say 450k block of shares of a "target" O & G exploration company.

2. And you sit back and wait for said company to "under deliver".

3. With a premium possible should a 4 for 4 turns out to be a 3.99 out of 4.

4. These geniuses then lay in wait to cover 

5. And yes, they can "allegedly" live with themselves.

GLTAL - GLAP + Caveat EMPTOR

Cheers
Stanley
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