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).

TSX:TXP - Post by User

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

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Comment by stanleyon Jan 14, 2022 5:33am

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Post# 34315726

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

Lurk & Learns:

Amazing how the UK trading appears to be baffling EVEN the resident experts,despite to the high daily volumes being traded.

Bottomline (on the two UK boards) APPEARS to be the (alleged) "short" or "portfolio insurance" is "under extrication" c\w an assist (extremely well timed "dumps" by two houses) on the TSX earlier this week. Meaning (implying) ORGANIZED activity of an interlisted junior.

100% Speculation

I continue to speculate that an "accurual of positive NR's (even owed using normal disclosures); IMHO justified based on my own suspicions previously outlined, might be the reason(s) for the apparant "run for cover"???

Maybe, just maybe "they" are making adjustments ahead of possible announcement(s) (finally) coming to market. I'm sure that PB is responding to the "experts" calling for their version of disclosure; even in face of entities desperate for any reason to FABRICATE a drop in the PPS.

And yes we cannot ignore the recent JS "prediction?"....versus a Mantracker episode sized announcement by PB on or b4 Jan 20th.

BWDIK? "Take under" risk still "under the radar"!

GLTAL - GLAP + Caveat Emptor

Cheers
Stanley

Previous post still stands:

Lurk & Learns:

Sometimes before a stock hit an inflection point (truns to releasing positive earnings per share) the "professionals" somehow has a knack to timing the "final?" shakeout of the weak hands/knees.

One possibility to consider is the closing of the "short positions", by driving the price down to cover their shorts.

On Canada Stockwatch the summary and individual (trade by trade) might show the "pattern" of the "masters at work"!

Looking with "eager anticipation" for the (possible) whipsaw when this "inconvenience" plays itself out.

Lurk & Leans are encouraged to study the shorting/covering history. The are very cognizant of TXP's vulnaberatiles and appear to make "well timed" attacks.