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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 Sep 02, 2021 2:34pm
110 Views
Post# 33804133

RE:Stanley

RE:Stanley
Lurk & Learns & K:

K, You're welcome.

All in an effort to determine if TXP is being "groomed" for what some mavens call a "take under".

Point here, an updated 3R report as at Dec 31 2021 c\w a  possible "break up value" (PPS for TXP that could include Coho, Cascadura Complex & Royston Complex) no where near the $1.40 (for now?) that seems to be (todays) line in the sand.

The term "take under" is used to characterize the work of naferious entities that seek to use the (hopefully) legally sanctioned activities (sometimes means cheaper to pay any fines) as this type of activity seems to be "widespread".

Point being, what options are available to PB to obviate the "four ring circus (a trade by trade analysis appear to show the same "handful" of brokerages doing HFT type trading among themselves)"? as the TXP "under promise and over deliver" (save for XM on social media) message might be slow on the uptake.

BWDIK Or as the Trini version (roughly translated) of the GWTW line suggests, "catch me if you can".

GLTAL - GLAP & Caveat Emptor

Cheers
Stanley
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