Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > swat! right in da kisser
View:
Post by WCWiteration3 on Jun 16, 2021 7:32pm

swat! right in da kisser

no gas sales yet margin declares trinidad to be in some state of demand.  The truth is different, Triidad has world class supply!  a tiny country, has enormous gas reserves, enormous surplus.. that is the fact.  selling into this market will be hard and only come in little amounts.  so you will see TXP getting low prices as the supply of gas is always pressuring prices.  they export a lot, they got a lot, Trinidad is not needing gas for gawds sake man,. think... so much gas.. so low low price.. you will need to be the lowest price.

So.. knowing this, is it a good investment?  own the lowest cost supplier in the world... yipeee

,hell until they sell any gas molecules.. and they have not yet, a single one sold.. yes coho will sell gas into the grid, a tiny amount, maybe 20Mmcfd.. small.. and now the talk is of 100Mmcfd, into the industrial park, was twice that . Has Paul orderd that 48inch pipe, or 60 incher was it gonna be?  hell... maybe Paul grows them and laps up to Methanex and grovels sell200Mmcfd.. at a low price or methanex balks.. under $2 fer surrr.. lol... not a great investment really, already in the stock price, hell at about $1.50 you are paying up for 200Mcfd sold.. that is the value of txp today, to own it now you are paying ahead for what they hope to do sell 200Mcfd into the industrial park, that is the only demand of size on Trinidad, the fracination plants and the lng port.

you see, in reality, which oneday you will meet with... Trinidad has plllllenty of gas, prices are $2.50 and below.. and as the rush to produce this gas, cause you know.. Trinidad needs it sooo much, lol... not so.  they got lots of gas and Baay cannot sell it, even little coho.. of course txp needs to  process the raw gas lol, and txp has no plant of course. so that is a problem . maybe this is why the stock is getting slapped like a be-atchie
Comment by Margin321 on Jun 17, 2021 12:04am
Sadness -sounds a lot like a wildcatter - earns another (my second) use of the ignore bin. Will not reply, too much to correct and correcting fixed delusions never works. Please disappear - again. 
Comment by Chreca1 on Jun 17, 2021 12:33am
I believe you're the one that actually unearthed the cadaver from whatever pet cemetary it had been laid to rest !
Comment by Margin321 on Jun 17, 2021 5:48am
I did, and I have already apologized once for that. Mea culpa. Mea maxima culpa. 
Comment by Chreca1 on Jun 17, 2021 8:50am
Just teasing with you Margin, but thank god for the ignore button ! ;)