Touchstone Exploration Inc T.TXP

Touchstone .... Focused on LONG TERM VALUE CREATION...YEAH!!

[stanley]

When a Tier 3 O & G play defies the tried and true expectations of a resource play closing in on a major EPS inflection we might be inclined to surmise that something in the background might presage some slippage in a timeline.

Some might speculate that the "gap" here is being amplified by a falling PPS closing on recent low(s) most notably in a (unstable) interest rate environment.
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As posted on Nov 19th, a "positioning" by the "geniuses" in light of recent announcement(s)

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?

S: Why would Broker #1 use the variety of non TSX exchanges Between Nov 17 to yesterday's announcement?

Point being; the reminder to Lurk & Learns is sometimes a CUMALATIVE summary of the days trades may not always be apparent to the retail trader; while the "geniuses" understanding "TLS" will make their own decisions on what such a trading (inflection??) might presage.

S: Why would Broker #1 use the variety of non TSX exchanges Between Nov 17 to yesterday's announcement? To give the impression that TLS is the "cluprit" versus a planned "beatdown" of the PPS in anticipation of a chance to cover a short position emplaced (possibly) of their foreknowledge of a possible "bridge" financing.

BWDIK? The conumdrum being, is tax loss selling(TLS) countdown (30 days from EOY close, 3 trading days to provide for trade closing) suggests those who have triggered their losses are looking to avoid the potential whiplash (possibly) after getting wind (an inkling based on progress) of their under estimating the Cascadura (Q1/H1) timeline. i.e. as per PB Cascadura is on a much tighter CPM (link & node) schedule, vis a vis Coho (protracted).

S: Why would Broker #1 use the variety of non TSX exchanges Between Nov 17 to yesterday's announcement? Looking on the bright side of things, the proposed use off the funds appear to be "justified" based on a payback if only on a NPV basis. vis a vis "node shortening" Royston & Cascadura 2.

BWDIK? The warning "caveat emptor" has been (over) used in TXP over the past couple of years as the delays encountered in monetizing the exploration successes WILL delay the transition to a positivers EPS. 

Some fellow posters extalled the recent fortunes of a Brazil "stable mate"; unfortunately TXP stagger to replicate their success, WILL be enhanced somewhat as painful as it might appear.

Bright side point #2 is the underwriters (frontrunners) typically short the placement the sell their shares to their clients with the expectation of the clients buying with the experctation of a return. Sometime in Q1\H1.

GLTAL GLAP Caveat Emptor

Cheers
Stanley

[cantlose22]

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