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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 Kadiddelhopperon Feb 17, 2023 4:31pm
115 Views
Post# 35292933

RE:RE:TXP, Tax Loss shares

RE:RE:TXP, Tax Loss sharesWell...it worked alright for Tax Year 2022, and I do have another tranche I could put to work doing the same for 2023, but as things stand with Shares and the current economic malaise, I am not so very convinced of the Other Companies in my Portfolio having the meaningful Gains to Offset... My small Portf such as it is seems to have caught the TXP plague....whereby the Big Houses have been suppressing any enthusism by capping....which  I and Stanley have written on ..... VLE is another that seems to have attracted the " Cappers". Hopefully,  the coming News on the  wind-up of the VLE / Mubbadala, Thailand acquisition will blow those Houses out of the water.soon.

Making money on all Investments and paying the Taxes is far preferable to dealling with Tax Loss and Offsets, but seems not possible, sadly .

Survival of Fittest, I suppose.

Never heard in my younger days, that Investing was another version of War Games! 

Mind you, I am of the Generation for which the word " Computer " was mystifying! Stay Happy S ! We keep slogging along!
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