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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

Comment by Proseleneson Aug 05, 2021 8:00pm
112 Views
Post# 33661574

RE:RE:RE:RE:London TXP shorting position update.......

RE:RE:RE:RE:London TXP shorting position update.......
But what you miss is that Brokers make money from volatility.  They make money if the price goes up or down - what they need is volatility. They absolutely dont care which way it moves, only that it moves.

This is why they have actively encouraged shorting and made it easier to do - and will never eliminate it.

It does not create an efficienct market, it creates a manipultated market.

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