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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

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Post by Dow20000 on Nov 10, 2022 3:08pm

Financials.

Company has no money to start a drilling program unless they can do an equity issue which they wont do at these cheap prices.It is going to take 6 month or longer to build up some cashflow from
the COHO facility.I recall Paul talking about 2023/24 before we can see any meaningful action.
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