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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 > MEEI Minister Young re: TXP's Value Proposition to T&T Gas
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Post by stanley on Apr 23, 2024 4:24am

MEEI Minister Young re: TXP's Value Proposition to T&T Gas

Lurk & Learns:

While TXP "languishes" under C$1.00 there are POSITIVE factors 
(in this case political) working (albeit behind the scene and based on his tenor) in favour of Touchstone's transition to a successful steady state producer (aka nameplate or FORECAST 2024 exit rate).

Note his mention of the term TCF while addressing his (at least one non Trini O & G) critics, while not (yet) attributed to TXP it is hopeful that the Ortoire (& Clear River Swap) would elevate TXP to this exclusive "gas club" that he listed.

For the PATIENT, and in difference to the detractors, the public statements of those who can be seen (or even assumed) to be in a position to assist (ease) TXP into making PB's YE forecast a reality can be symptomatic of important data points. 

Energy Minister Touts Touchstone's PROMISE

After 15 years, Touchstone could be on the cusp of transitioning from an explorer to a producer.


BWDIK? And while we analyse (in Trini speak) the "boofs & boquets", TXP is possibly a Spider Orchid somewhere in the Botanical Gardens hoping to flower before the parang starts.

GLTAL GLAP CAVEAT EMPTOR

Cheers
Stanley
Comment by stanley on Apr 24, 2024 7:49am
Lurk and Learns: RE:"After 15 years, Touchstone could be on the cusp of transitioning from an explorer to a producer" Meaning 15 years in a country (of 1864 sq. miles and a population of 1.4 million and over 100 years in oil and 50 in gas; post Pt Lisas), is insignificant in the scheme of things.   Now for those new to this board willing to Lurk & Learn; the ...more  
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