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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 Chreca1on Apr 16, 2020 6:01am
221 Views
Post# 30915110

Temperature check

Temperature checkBack in mid-Feb (on this BB) I expressed a discomforting feeling while reading comments on TXP from retail sharholders out on the WWW, I felt the euphoria felt a little premature and the general tone of many comments being overly exuberant given the position of TXP on the Ortoire exploration timeline, and it felt many posters were so high on the SP rise that they had lost it completely.
Well, fast forward two months and the mood and indeed the posting frequency on the different social media platforms and BB`s out there covering TXP is very much different these days compared to back then. Many of the people that posted daily almost in extasy, are now nowhere to be seen or heard of. LOL
Now, all this makes me much more comfortable holding TXP and I look forward to add to my position again at very attractive prices down here or hoepfully below.
As I mentioned I`m not talking of this SH BB specifically but the overall posting activity on the British BB`s, CEO.CA, Twitter,FB, SH and Instagram platforms combined.
No doubt we have gotten rid of a lot of weak hands by now and that is only refreshening and makes for a good and fresh start in the next leg up.
I said it before but it`s worth reiterating, NONE of the Major shareholders have reported any selling during this recent SP downturn, not even the trigger happy Norwegians !
That in combination with the depressive mood out on the different social media platforms makes me a presumptive buyer here.

GL Stoners !

Bullboard Posts