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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

Post by Proseleneson Mar 23, 2022 11:48pm
248 Views
Post# 34540130

Canada shorts up again.........

Canada shorts up again.........
Increase of 165K to March 15th. Now over 1.2 million shares shorted in Canada and over 9 million shorted in London. They will have to close soon enough, patience........ :)

User image

I think shorters will pile on shorts with the Full Year results (as they will show a loss for last year and that will be the headline they promote - ignoring that TXP are in fact cash positive from Q1 2022) and then try to snowball lots of people into panic selling, and then close their shorts.

I plan my next TXP top ups on the morning the final results are released...when the shorts try to trigger the selling, I will be buying.

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