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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 stanleyon Dec 21, 2022 10:49am
207 Views
Post# 35184568

Final ? Shakeout of Weak Hands/Knees b4 ~ T-3...Whipsaw?.

Final ? Shakeout of Weak Hands/Knees b4 ~ T-3...Whipsaw?.
Lurk & Learns:

The Cory Moruga 16% does appear have to have its "silent (minority participation) partner" benefit(s). e.g. Betsy the cowWaterflood, gas injection, etc.

Lets not underestimate the productivity enhancement(s) possible from remote monitoring made possible by SCADA (System Control and Data Analysis).

Why, even Betsy the cow can "plug" into a SCADA milker and produce milk; but more importantly she can also produce DATA. Which may anot always be a good thing wrt bovine EOL decision making.

Now how many readers does it take to to get at least one "thumbs up"?? Lets see how many "likes" we can elicit from this REMARKABLE reduction in SHORTS:

Short Positions for TXP
Symbol Report Date Volume Change Shares Issued % Float
T : TXP 2022-12-15 250,667 -824,188 233,037,226 0.11
T : TXP 2022-11-30 1,074,855 -31,644 213,112,826 0.50
T : TXP 2022-11-15 1,106,499 -34,007 213,112,826 0.52
T : TXP 2022-10-31 1,140,506 -9,516 213,112,826 0.54
T : TXP 2022-10-15 1,150,022 -17,573 213,021,161 0.54
T : TXP 2022-09-30 1,167,595 60,560 213,021,161 0.55
T : TXP 2022-09-15 1,107,035 -28,930 212,275,327 0.52
T : TXP 2022-08-31 1,135,965 -52,938 212,275,327 0.54
T : TXP 2022-08-15 1,188,903 -378,500 212,275,327 0.56
T : TXP 2022-07-31 1,567,403 -407,031 212,275,327 0.74
T : TXP 2022-07-15 1,974,434 290,711 212,275,327 0.93

Related to the recent issue or not, the trade by trade review (may have) suggested that short covering after the financing announcement might be a possiblity.

BWDIK? Onwards and upwards after T-3 Dec 27th, maybe, maybe not. Can we still be "short" changed?

GLTAL GLAP Caveat Emptor
Cheers
Stanley
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