Touchstone Exploration Inc T.TXP

Chairman sells 62,500 again

[Davidblackgreen]

https://www.londonstockexchange.com/news-article/TXP/director-pdmr-shareholding/15015146

Leadership and vision?

Maybe not?

[Davidblackgreen]

Bagged himself $83,750 pre tax profit on that. No doubt he is pleased with himself as it was entirely risk free.

[Kadiddelhopper]

...and at the lowest  level we 've been seeing $1.57  There's something not quite right about that Wright . 

[Proselenes]

Thursday 10th (when he sold) was the last date any insider trades could happen. Cruse testing at Chinook-1 started yesterday, all being well, and Royston up next so no chance for any director trading from Friday 11th onwards until perhaps December next.

[jake1444]

  In this post you claim testing is underway. Now today, 3 days later, equipment has arrived on site. Then, scrub that. ?????

[Proselenes]

Yes, mixed messaging coming out. It seems a bridge needs repair on the road to Chinook. So nothing happening there for a few weeks it seems.

[Chreca1]

A bridge too far...On the road to Xanadu...

[Margin321]

Better than a bridge needing repair on the road to Royston. Cruse a distraction at this point. It will be interesting for sure. But not that interesting. We are not waiting eagerly for a Cruse development plan. We are trying to produce the much bigger deeper turbidite sands charged withoverpressurized gas and ready to produce at 5000 bopd plus for 15-30 years.  We have pipes in two of those

[Margin321]

Don't get me started on Mr. Wright. I could get going and write 10 pages. He is just sucking on a 2014 teat, diluting me every step of the way. I still have PTSD from Lightstream resources and how that played out. The single biggest loss of 40 years of investing. And the key decision was Wright-sized. 

[Davidblackgreen]

Yep the Chairman's sale looks to have kicked off another round of frightened sellers to depart.

[Kadiddelhopper]

An action like that of the COB Wright, instills a sense of mis-trust.  sure would like to see some sharp criticizm from other Board members or the Company Executive, on behalf of the ShareHolders.

[Davidblackgreen]

The Board feels more like a retirement club than an oversight structure. Safly we are where we are!

[Kadiddelhopper]

Thinking there is going to be some righteous hell-raising once the Calgary Executive ( Baay and his sidekicks) can get on an aircraft and waft their way to Trinidad, absent all this quarantining blather.