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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

Touchstone Exploration Inc > Curtains opening -up?
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Post by Kadiddelhopper on Nov 18, 2022 4:32pm

Curtains opening -up?

At long last we hope! Nice rise in contrast to other holdings that are now in the bruising cage!
Comment by stanley on Nov 19, 2022 7:57am
Lurk & Learns + Kadiddlelhopper: An interesting (plethora) summary of trades (Nov 17th) whereby (sophisticated??) Broker #1 (MAY, aka appeared to) have used some of the non-TSX houses/exchanges (see list in the Ex colum in the table below) to do a pseudo cross? Point being; the reminder to Lurk & Learns is sometimes a CUMALATIVE summary of the days trades may not always be apparent ...more  
Comment by Kadiddelhopper on Nov 19, 2022 10:45am
TLS presents a difficult conundrum that has been weighing heavily on my own situation. Could certainly use it to offset Gains from elsewhere....but do I risk that ? Can Cascadura present all the wonders earlier than January 2nd  to  6th ,   when I have met the 30 day buyback rule/ can I be the only one pondering TLS over the next 2 to 3 weeks?  Talking to Myself again ...more  
Comment by Margin321 on Nov 20, 2022 2:38pm
Hi KH, it is a conundrum. I have been trying for so long to poke holes in the story. But I don't think there are grenades out there. Every way I look at it Cascadura is worth twice current marketcap - and that should put some kind of a floor on losses from current price. That said TXP has been on sale for a very long time. You could have had many chances to leave and come back. There has been ...more  
Comment by Kadiddelhopper on Nov 20, 2022 7:47pm
Thanks for your thoughts  Margin. I have not acted yet as I weigh the pros and cons of selling at this level to instigate a Capital Loss whilst sittingi-out for 30 days befoire re-entering, I am almost through the 30 day of " no purchases, so my D-Day for decision begins on Dec. 5th. By then I would think there would be some indication of increasing interest in Touchstone developments ...more  
Comment by Margin321 on Nov 20, 2022 11:02pm
All my best to you too and to all long suffering touchstoners  I laughed about that name especially since I recently learned that long time TXP Board member Ken McKinnon was a director of The Supreme Cannabis Company from March 2019 to June 2021. He and John Wright really should move on.  They both are also on the board of alvopetrol (brazil) too as is Cory Ruttan, all players from the ...more  
Comment by Margin321 on Nov 20, 2022 11:11pm
I should have added that alvopetrol was at 45 cents in 2018, 96 cents canadian on Jan 1 2019, and now is over C$6.  So that has been doing what I had hoped TXP would do. The fiscal regime they operate under is also better.  McKinnon has the same photo (just cropped) nthe Directors bio page over there. Wright has a different tie. My point being that Wright and McKinnon and Cory are doing ...more  
Comment by Kadiddelhopper on Nov 21, 2022 1:40am
especially as ALV have announced a decent Divvy Increase starting in January.. Pays Quarterly though, and therir revenues are Brazil sourced according to my readings.....so have to keep an eye -out on that tetter-totter of politacl volatility . Focussed on TXP presently , but like most Everyone I'm sure, some near-performance is high on the Demand chart.
Comment by Margin321 on Nov 20, 2022 2:20pm
Thanks Stanley,  you reminded me that not only will NGC likely get the Cascadura pipeline built much faster than Primera built the Coho pipeline, but also that NGC simply has to hook up the new line to the mainline at their own valve station.(node).  That will be so much simpler than Shell moving the gas into their central block processing facility and working out the connections to get ...more  
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