Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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).

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Touchstone Exploration Inc > Final ? Shakeout of Weak Hands/Knees b4 ~Jan 20th Whipsaw?.

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Comment by FredAdairon Jan 07, 2022 5:51pm

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Post# 34294881

RE:RE:Final ? Shakeout of Weak Hands/Knees b4 ~Jan 20th Whipsaw?.

Stanley,

I suspect you already have these numbers but the short grew to 916,875 during August and then evaporated with hardly a ripple in the share price. As such, it may be purely defensive and may not necessarily push up the share price noticeably on exit - they seem to be good at this game. The primary antagnostic appears to be active in the UK market pre-Canada open. The Canadian short appears to be a much more conventional hedge - we shall see.....