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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 Margin321on Oct 30, 2022 10:39pm
188 Views
Post# 35059051

RE:RE:RE:RE:Moving a bit.........

RE:RE:RE:RE:Moving a bit.........
Pro - I have always liked your input, just you swing a little too pessimistic when story hasn't  really changed for the worse, and a little too optmistic when story hasn't changed for the better. Not always, but sometimes. Jump over to Discord (or are you there by another name?).  There is going to be a lot happening in 2023 and 2024 and that forum is a rich source of informaton and different points of view. It is an shareholders group so you will be welcome since you now own some again.  The group collectively owns maybe 35 million shares and has a line of communciation with Paul Baay. He does not share any insider information of course, but he does listen to feedback and suggestions from the group and he does answer the communciations from the group. . Items related to progress on Cascadura will drive short term news flow but once the Star Valley rig begins a continuous drilling program (maybe in December?) there will be a whole another parallel stream of news items as well after well is drilled. Buying TXP under US$1.00 to me is a no brainer.  However I did not forsee that the opportunity to do that would be so prolonged.  So I am trying to add more but also keep the amount of TXP relative to my other  investments in reasonable balance.
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