Touchstone Exploration Inc T.TXP

hhmmm.

[Kadiddelhopper]

Nice ride up the elevator previously, but an agonizing walk down the stairwell this last 6 weeks.

[Margin321]

For sure.  But I don't think the story has unravelled as badly  as the share price.  There are a lot of potential positives ahead, but at this point to be effective  they will likely have to include a new number. 1. Coho on-line at XX  mmcf/day. 2. Development well at Coho spud (likely would take testing of the result). 3. Pipeline to Cascadura site permitted and

[Davidblackgreen]

Trust has been shaken. Didn't like the near $3m being spent on testing two wells given Chinook hasn't actually been tested properly given there was no gas present there so should have been very quick. That would suggest Cascadura testing was very expensive! As to the Chinook liquid test "On pump" that came after the quarter end so those costs are next quarter.

[Kadiddelhopper]

Like a marriage, once the Trust factor has been broken....   yes, we all know the rest of that adage !  Would be good to hear from an    industry type who can outline how "Tests" can amount to $3 million U.S....reading meters, and graphs is either a lucrtive career path or, there is a lot more involved in  the tweaking than I'll ever know.! I cxonfess

[Proselenes]

DB. The exploration program in the first quarters includes : Rosyton roadbuilding Seimsic over Rosyton/Krakken Casca-Deep 1 testing Chinook-1 testing Yes the primary focus was testing but that was not the only costs under "exploration" in Q1.

[Chreca1]

After following TXP closely for over two years and reading and re-reading and watching and re-watchin everything that's been made public for even longer, I don't like to see those two first words in that sentence below. Given the significant delays of the future cashflow to finally start, I'm starting to worry there may be a slight risk a placing is coming. Yes Pro, I know Paul said no

[jake1444]

Check out their MD&A and you will see the breakdown of those expenditures. Not all that money on testing those two wells.