Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Geysiron Oct 16, 2010 5:52pm
662 Views
Post# 17573738

$1 per shareTZJFB

$1 per shareTZJFB Each share of PBG includes 1.04 shares of PBN and .62 shares of PMG. As of today that leaves a value of $1.00 per share on the other PBG assets - namely the oil sands and THAI technology. That is about $106 million. This is far, far less than the true value of the oil sands. And, like the ceo states, THAI is the 800 pound gorilla in the room. PBG states that THAI is working. Sand being spewed out has been resolved by using screens rather than slots on the horizontal well. Pumps are being used push up the oil to the surface. The Kerrobert, Conklin, May River, and Dawson THAI projects will prove the technology. Seems to me that PBG is undervalued and should rise in price over the next 1-2 years when the current projects start producing oil and validate the THAI technology.


Bullboard Posts