Touchstone Exploration Inc T.TXP

Life Cycle of Touchstone as a Junior Explorer.

[stanley]

Lurk & Learns:

The following link is a sometimes a good starting point\place to contemplate\consider the CPM timeline\placement of your actual or contemplated purchase or stock on your watchlist. The Chart in the link below is usually a good place to start.

Life Cycle of a Junior Explorer

There are other charts available if you Google (Images) for "Life Cycle of a Mine".

So to support (Proselenes') investor versus spreculator (inflection/shift) is a chart that I've seen David used before, is the point where the speculator leaves and the institutional investors get in.

With the implication being the speculators being short term (is that where the term shorts come from??) and the institutional investors have a long(er) term horizon.  

In most instances, if used in combination of technical analysis (candlesticks, etc) the benefit of accumulation during the orphan period is a good entry point...at least that what the literature suggests.

The relevence of the Chart's Timeline (aka continuim) to Touchstone here  perfectly clear (to me anyway) as it suggests that after the speculators took us to the ~$3.00 exploration peak their exit took us to the orphan phase. With TXP 3.xx(3.00 being a "duster" to 3.995 split being oil\gas\condensates\jet fuel, LOL) out of 4 exploration success.

The hope here is a classic "underpromise and over deliver" opportunity; except in this case the speculators exit was "magnified" and as good foutune would have it, also coincided with the widely debated "Eric Nuttall" buy signal as the only (IMHO declared expert) fund manager representing the instutions, Cormark not withstanding.

Thus, the next bus\train will be "engineered" or signaled by\with earnings per share (EPS) from Cascadoo, Coho (presently under "contingency rerouting" aka NGC\Shell"GFY"analysis\showdown, and Chinook ("science project" 60-90 pump test to oil? 1000 ft updip "X" on p6 "that bad woman"), for the NGC gas and Heritage oil\condensates. Proselenes and Domus might have multiple updates to their cyber timelines.

Then there is Royston spud. Which incidentally for a 10000+foot TD hole, and contrary to a recent "static assumption" (waiting for seismic results before spudding) might start drilling when ready. And AFTER seismic results, in a dynamic drilling process, the contract driller is (re) directed, based on normative industry wide practice, to change their (x, y, z) target to TD.

And to quote an expert with O & G experience, "we know what we're looking for". If only to use CPM to address the "delaaaaays". In some planning & scheduling circles, the phrase, "we're expecting some unexpected delays", might be herd (aka expected) part of the CYA "playbook".

BWDIK? A longterm investor seeks the inflection from "orphan" to "institutional" in most charts.

As Trini's say PH (private car for hire as a taxi) not Uber.

GLTAL - GLAP
Cheers
Stanley
 

[stanley]

Lurk & Learns: While the (scattershot??) focus might be elsewhere during the "orphan" stage (waiting for EPS); another point to consider is the emerging oil aspect of Touchstone's Ortoire production. Meaning, The Touchstone inaugural business plan from inception 9 - 10 years ago was to develop a base of oil production and using current (JS's Canadian & Trini