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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 stanleyon May 31, 2021 4:53am
211 Views
Post# 33295057

RE:Short squeeze

RE:Short squeeze
Lurk & Learns + Bully 1985 + Cherca1 + Proselenes:

Not sure if the TXP Short position on the TSX (i.e. 0.13% of float) is as significant vis a vis the afore mentioned Euro Stock Reports. However the report for May 31 2021 might be insightful and\or mirror\replicate the "significant" short drama (aka squeeze) possible based on the "string" of potential announcements presaged (by Domus, Proselenes and others).

Sounds like the Euro Stock Reports as described by Bully1985  and Proselenes's "letter" to PB re "loan sharking" on a successful Ruston  (my words) borders on extorsion? BWDIK?

H2 2021 showed a steady decline since the March 31 st "pseudo-duster" (my words) announcement.
Eric Nuttall's latest appearance on BNN still suggests a conundrum (i.e. his use of the term duster over the past 10 years) with the characterization of the NR and subsequent (some say predictable) reaction/response by the "AIM" fraternity.

In addition, those Lurk & Learns looking at the "big O & G" picture might stand to benefit by his (first hand... look for the original video not what others have summated ... IMHO in the style allegedly used by Barr wrt the Muller Report) "take" on the (global) transition  from hydrocarbons to hydrogen being decades. With his price predictions predicated on the lack of exploration (and replacement production) going foward as some boards (majors) are being "infiltrated" by a new enviro-centric element.

Bottom line here is prognosis for his FOUR MILLION shares of TXP investment is predicated on his outlook (hope... expectation) for H2 2022. For Lurk & Learns.. the words of wisdom are "time IN the market" and not "TIMING the market".

Short Positions for TXP
Symbol Report Date Volume Change Shares Issued % Float
T : TXP 2021-05-15 278,209 67,189 209,399,627 0.13
T : TXP 2021-04-30 211,020 -358,721 209,399,627 0.10
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
T : TXP 2021-03-15 723,589 -9,490 209,399,627 0.35
T : TXP 2021-02-28 733,079 47,798 209,399,627 0.35
T : TXP 2021-02-15 685,281 -67,053 209,399,627 0.33
T : TXP 2021-01-31 752,334 43,754 209,399,627 0.36
T : TXP 2021-01-15 708,580 -15,772 209,399,627 0.34
T : TXP 2020-12-31 724,352 -36,167 208,699,627 0.35

GLTAL - GLAP + Caveat Emptor

Cheers
Stanley
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