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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
Comment by Chreca1on Oct 31, 2020 11:36pm
217 Views
Post# 31819568

RE:RE:Major blow for T&T's energy sector

RE:RE:Major blow for T&T's energy sector
Wildcattter wrote: yep no oil again... lots of gas, but gas is not worth chasing so much... ,look at TXP they have found some gas, a tcf maybe... maybe more?  aav has already 2 tcf PROVEN... not possible like TXP.. aav has the American market too... sell into that... better than selling for the lowest price to keep a small industry in T&T working... no thanks...  AAV sells to the highest market, be it Chicago, Dawn whatever... the highest price they can find... txp is aiminf for the lowest prices...lol... good idea... NOT!

got my money out of here... movin on... if you think you got multiples more.. return here?  you are dumb as goaweight... you already got that return   from 20 cents to $2 is the run... at $2... with almost 200 mill shares out... maxed out already, at $2 this is over priced... they still need to build a plant and pipes....lol  and then sell for the lowest price to maintain demand!  stupid...

nope... you will now see a share issue and the shares will tumble... and in the end you hold ,another 5 years for maybe another 50% upside... hell NO

aav has a double ezy... it has the gas, the market, the plant , the pipes. already... 

AAV is flowing $100 mill a year!

think about that... $100 M a year every year, coming in,TXP has wet dreams of that..lol

and gas prices are up here so this year better than $100 Million...  txp has like negative cf now..UMMMM....

txp has run, it is tired, now AAV is in the startin blocks..lol


Glad I sold this at $1.85... buying a boatload of aav at $2.17  now watch as I agin embarass you clods with my return vs TXP stock

I wonder, with AAV flowing $100 mill a year, will anyone want to buy them?  the market cap is about $500M... so that would be a 20% return paying out in 5 years, at current low gas prices too...  the plant is worth a lot... they sold an eigth for $100 Million to Topaz!  so they still own 7/8  of that plant.. Topaz paid them $100 mill for 12.5% of the plant!  hell the plant is worth more than the whole market cap right now... you dummys are so clueless you cannot find these gems to own... you got told about this one, you got suckerecd into VLE  lol..

so I got to ask, anyone with stones... explain why AAV is not worth a ton more! anyone?  anyone got an idea why?  I would love to hear a theory about this from one of the three stooges...lol




Please WC, as I'm taking notes here just a couple of questions for you so I got this correct.
When you said you sold this at 1.85 does that mean you are now not holding any TXP shares anymore (fingers crossed!) ?
If so, will you finally leave us fools still in this dog of a stock alone now ? (again fingers crossed!)
And thanks for your altruistic concerns towards us lesser mortals, though I believe you got your message through by now and anyone not listening are better left alone as they are beyond hope anyway, so thanks for all your relentless work here in trying to convince fools like myself to sell my TXP and buy whatever it is you are so excited about over in Canada.
Now if you please be gone, and don't come back unless your stock (AAV) goes up big time and TXP goes down big time then you can for good reasons come back and bully, smear and harass us here again.

Cheers and thanks for everything ! LOL
Chreca


Bullboard Posts