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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 Proseleneson Apr 20, 2022 6:18pm
189 Views
Post# 34618311

RE:Josef Schacter - TXP a top pick -

RE:Josef Schacter - TXP a top pick -
Josef Schacter - TXP a top pick

From 3 minutes 30 seconds in the video.

 https://www.bnnbloomberg.ca/video/josef-schachter-s-top-picks~2425976

He says 6 CAD in 48 months, I would say 10 CAD in 24 months as a price target.  But he will start low and gradually keep increasing his price target every 6 months I would think.

6 CAD is only 368 pence......my 10 CAD is a more likely 613 pence a share (after some Royston Deep drilling).

He refers to Royston being online in 2023, this refers to full FDP........they can and will keep producing by EWT until FDP is approved.
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