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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 Dec 21, 2021 8:14am
187 Views
Post# 34249626

RE:Latest proactive interview!

RE:Latest proactive interview!
Lurk & Learns:

Amazing how quickly "the market" (such as it is) reacts to ANY news, sorta looks like an effort (prepositioned?) to trash any news with the intention of frustrating the weak knees/hands. Would also be nice to see the CREST impact/status at the EOY. On the bright side, the oil fraction of the Royston-1 production has a ready market at $US70 oil (Google Goldman's prediction going foward). In addition, we are also going into the height of the CRA (Tax Loss) season(TLS).. which ends on Dec 29th. Meaning,

My prediction for the next couple of weeks is for the trading pattern to provide a test of the resolve of even the most optimistic Touchstone share OWNER.

With the 2022 outlook, only discernable on or after Dec 29th 2021.

For the Lurk & Learns (cut and paste challenged),

Test #3 Proactive Interview with CEO Paul Baay

PBs explanation of HISTORICAL/TYPICAL water cut  previously "presaged" in the test #2 RNS, only served to advance the "end game" of those whose objective is to make Touchstone the most hated stock on the TSX & AIM. For possible "take under offer"?? Maybe, maybe not... it's decision time! i.e. as previously posted, does TXP have the underlying (intrinsic) value that is deserving of "the market" response.

GLAP- GLTAL - Caveat Emptor

Cheers
Stanley
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