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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > A visit to the past - Wildcatter was right - so far
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Post by Margin321 on Jun 03, 2021 12:16pm

A visit to the past - Wildcatter was right - so far

His style was terrible and he was disruptive to any meaningful discourse on this (or I suspect any) message board. But I did get interested in AAV because of his ranting, did some due diligence, and built a 4400 share position as I got more nterested in the company. That position is up 124% right now, whereas TXP buys from that time are down quite a bit. Of course TXP still up hugely from 2019 levels of about 20 cents, and there is still possibility of major TXP upside from here. But sad to say Wildcatter had a point about production levels, proven resource, efficiency of drilling, and under appreciated ownership of major facilities.
Comment by Kadiddelhopper on Jun 03, 2021 12:50pm
Where is Wildcatter now? cannot seem to find him on AAV or elsewhere, and I don'i have him on Iggy...tho at times I did want to do so. !
Comment by Kadiddelhopper on Jun 03, 2021 1:13pm
Lookin' around.. and I think he is now  WCWiteration..the tone of his writings seem similar to Wildcatter. Cdn Oil patch and Gold  predominant for him.
Comment by Margin321 on Jun 03, 2021 1:39pm
I think you are right! He popped up with two posts on AAV  board just now. 
Comment by WCWiteration3 on Jun 04, 2021 11:03am
of course he was brilliant!  if we started with 50 cents shares, he sold at $1.85 for a 4 bagger, he traded a bit ya know... all posted. $10K would be $40k  40K in aav would be about $100K holders are at $40k he is at $100K big winner, hell he is right, was, whatever...is
Comment by Margin321 on Jun 05, 2021 8:12pm
Oh my goodness, I brought him back from the dead. (at least he was dead to this board). I am so very sorry. 
Comment by Goaweigh on Jun 06, 2021 1:19am
He was right about AAV being a decent stock but did he have insight into the upcoming failure of Chinook to impress causing TXP to sell off ? Absolutely not !  His entire position was that if you didn't sell TXP and buy AAV you were a complete idiot but he discounted entirely that many of us have positions in numerous other stocks many of which have done exceptionally well over the same ...more  
Comment by Margin321 on Jun 06, 2021 1:47pm
Not arguing.  TXP has massive potential ahead. Story has not changed. I am adding. Delays getting to hooking up Coho and especially Cascadura are part of the problem. The Chinook well did not help. But more to story ahead with Royston about to spud and sales to start some day and then start to ramp as a couple of development wells are added at Cascadura. Cascadura is worth more than the ...more  
Comment by WCWiteration3 on Jun 07, 2021 10:22am
goaweight still the board clown
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