RE:RE:RE:Final ? Shakeout of Weak Hands/Knees b4 ~Jan 20th Whipsaw?. Lurk & Learns + Smitlo:
Thanks again for the kudos (and maybe the like??). See response/points below:
Smithlo RE:"Guess this adds some clarity as to how Royston could be considered a negative to the value of this company based on the reduction in market cap since announcement of the discovery."
Stanley: As some imtimately familiar with the potential lethality of water while working below the security of a cap rock, I cannot see why the water mantra was chosen by the entity (if any) in my previously posted scenario.
Even earlier today on ADVFN, the new fact emerged that , salty (brackish?) water was discovered at Royston -1. Which is an amazing "revelation"/pronouncement for turbidites created\deposited in a (marine) paleo depositional environment. Not to mention the benthic decorum issues emerging earlier today and ADVFN also.
Smithlo RE: "Even if you give zero value to the two overthrust sheets you have the intermediate which was tested well off the high of that interval giving you plenty of running room up structure.You also now have the sub thrust as potential in the Royston Deep as well. Not sure how all of that could be considered a negative to total asset value. Then also let's see how an optimized long term test of the overthrust performs."
Stanley: Also as previously posted, we have a wide spectrum of distractive/misdirection/etc. IMHO, possibly designed to further "defensive " or "offensive maneuvers" from either party in this (100%) speculation. i.e.
When an astute CEO (appears) to make pronouncements that "confuses the market" I believe that the target audience is NOT the retail investor. BUT to keep the (possible) "bandits" (if they exist) guessing.
For over 100 years Trini operators know exactly how to target (perforate) a pay zone. Trinis know that OWC does not mean Oilfield Workers Co-op.
Now delays, can be played both ways, with the arm chair quarterbacks seeing it a a negative. Using a (US) football or time other clock based sport. The point here if PB thinks that his 5 out of 5 is "wallable of cashable" (ATM), and if the (alleged) predetor is facing seroius time constraints and (other ancillary/contributory factors).
Meaning, the (alleged) shorts or banksters might be hoping that Touchstone will "blink" before they do. Finacially $30 ml with more (possible access to their rainy day cash) with a good/glowing GLJ update.
BWDIK? Instead of "playing" with fire, it is possible for Touchstone to "play with water" and "delays" (aka self uglification) to deter any entity with take under aspirations. i.e. until (like a cliff hanger Mantracker episode) the purloiner moves on to another target or pair trade.
RE Smithlo "Looking forward to some positive news flow".
Stanley: While not a 100% certainty for an exploration hole, for those thinking that they know the FACTS (e.g. access to top sceret DH logs) might be in for a rude awakening come the January 20th event.
Trinis never recommend that you bit/eat a "spit mango" or "tancobean" for that matter. LOL
Have a great W/E
GLTAL - GLAP - Caveat Emptor
Cheers
Stanley