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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 > Here they sit
View:
Post by becker123456789 on Dec 08, 2022 8:15am

Here they sit

Sorry but almost every other stock in  oil  or gas that was compared and txp thought to be superior is up 500% or more  since TXPs first big find. A horrible deal negotiated for the sale of their gas and a complete exageration of how they would be rolling in money by now.  Now being watered down again during tax loss season is just another blunder. TXP is down to a share price as low as May 2020. Warranted or not I lost faith in this company a long time ago..
Comment by Margin321 on Dec 08, 2022 2:28pm
Hard to argue with anything you say.  But they do have tremendous resources on Ortoire block  and they are likely to grow production quite a bit in 2023. Cascadura field  comes on line, a royston intermediate well or two is drilled , doubling of  Coho production with one development well. In this one year boed/day could go from current 2500 boed to 15,000 or even 20,000 boed.& ...more  
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