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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 Jan 08, 2022 7:47am
208 Views
Post# 34295806

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

RE:RE:RE:Final ? Shakeout of Weak Hands/Knees b4 ~Jan 20th Whipsaw?.
Lurk & Learns + FredAdair:

Fred I recently posted the short history:

January 04, 2022 - 04:44 PM
155 Reads
Post# 34283139


Point being, my comments/observations are admittedly 100% speculative & inconclusive.
As I still agree that in the background we could have any of my speculation(s). 

What is curious, from the history is how a "short" can be covered without impacting the PPS.
e.g. As you mentioned in the August horizon, the PPS was steady; yet the short was closed/covered.

Recall, Proselenes (recent cheerleader) was suggesting (OK adamant) that a CREST
loan of shares, (Dec which went up as per ADVFN) had to be covered eventually. 

Somehow, we as OBSERVERS have to be aware that the term "ghost" shares have been
speculated as one way in which a hedge fund or deep pocketed entity or individual can
accomplish their APPARENT "business plan". BWDIK??......

You Tube does provide some clues..... for those on a low budget; However.........

As previously suggested, Lurk & Learns  only give creedence (book/bank on)to the
Coho, Cascadura complex, Western Legacy (plus 5 recent committed wells including
TBD Coora) and Royston -1 marketable liquids. Added is is the possible access to cash for DEVELOPMENT dilling based on an updated GLJ reserve report (as at Dec 31 2021).

GLTAL - GLAP + Caveat Emptor
Cheers
Stanley
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