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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 stanleyon Sep 02, 2021 2:34pm
121 Views
Post# 33804133

RE:Stanley

RE:Stanley
Lurk & Learns & K:

K, You're welcome.

All in an effort to determine if TXP is being "groomed" for what some mavens call a "take under".

Point here, an updated 3R report as at Dec 31 2021 c\w a  possible "break up value" (PPS for TXP that could include Coho, Cascadura Complex & Royston Complex) no where near the $1.40 (for now?) that seems to be (todays) line in the sand.

The term "take under" is used to characterize the work of naferious entities that seek to use the (hopefully) legally sanctioned activities (sometimes means cheaper to pay any fines) as this type of activity seems to be "widespread".

Point being, what options are available to PB to obviate the "four ring circus (a trade by trade analysis appear to show the same "handful" of brokerages doing HFT type trading among themselves)"? as the TXP "under promise and over deliver" (save for XM on social media) message might be slow on the uptake.

BWDIK Or as the Trini version (roughly translated) of the GWTW line suggests, "catch me if you can".

GLTAL - GLAP & Caveat Emptor

Cheers
Stanley
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