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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. 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 exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Bullboard Posts
Post by jewel1on Mar 17, 2008 1:07pm
692 Views
Post# 14734044

Peter Hodson-Mkt. Call-Bought PBG Today

Peter Hodson-Mkt. Call-Bought PBG TodayThe second question today was on PBG. He said that although he has been selling some stocks today he actually added to his position in PBG today. He said that it is probably down today because people sell their winners on a day like today. He thinks that the THAI technology does work and that it will be proven to work. He sees the analysts' targets of $60 upwards as doable. I think that he said that the stock fell recently after its financial results were released because an analyst with UBS expressed skepticism about its THAI technology working. He did not think that there was any basis for this conclusion to be drawn. He believes that it is working and that it has not been proven to not work.
Bullboard Posts