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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 Nov 22, 2021 7:29am
308 Views
Post# 34151858

RE:RE:Manipulation? What Manipulation ? Or Is it the Market $illy!

RE:RE:Manipulation? What Manipulation ? Or Is it the Market $illy!
Lurk & Learns:

Early indications on AIM suggest that Touchstone could be in the early stagers of a "payback moment/movement" on AIM.

This is all 100% speculation however; as Proselenes has denied/debunked the existance such a signal in play (i.e. cover or buy back of a 9% short position). BWDIK? The leading explanation for the PPS increase appears to be:

What is 'looming" is the (time taking to test) announcements of first of the two(2) tests zones (versus the early Chinook RNS), being touted as the best that PB has seen is 3.5 decades.

While common sense would dictate that Royston-1 "announcements" would be under the new and improved "underpromise and over deliver" PR /protocol approach. The cautious (re safety and technical verification fronts) suggests a "new and improved" "trust but verify" b4 making any announcements.

Anyway, with two transformations announcements planned b4 the end of the year, up to and including a GLR Resource update, and Coho & Cascadura to NGC links looming, the MARGIN CALL as described in the video might be getting some one/entity a little nervous? Maybe maybe not.

Short Selling and Margin Calls - Shallow or Deep Pockets?

GLTAL - GLAP Caveat Emptor   

Cheers
Stanley
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