Touchstone Exploration Inc T.TXP

Is someone smelling the gas from Royston??

[Samsam17]

Sure seems like it.
Will we be getting another Friday news release?
Good luck to us shareholders!!

[1geoguy]

yes a nice day to own it.   kinda what I hoped for, a quick pop into the testing news where it might blow the lid off the stock. Until they test, we know not much of what it is likely.     so far txp is what we call a one well wonder, in the trade.  One way to disprove that is to test an economic well, a very highly economic well is preferred with lots in between

[Davidblackgreen]

The Norwegian investment company increased their holding by 80,000 and moved from 5.98% to 6.02%

[becker123456789]

Congrats to all. Been trading back and forth since $1.40s range. Sold 72k shares yesterday @ $1.79 hoping to get that last trade in today. Even had a chance this morning to pick up some I had sold  Oh well can't win them all and congrats to all that made some cash today.

[Samsam17]

Hey Becker, You seem pretty upbeat for someone that just lost 20K in one day. Maybe you should follow the Norwegians that seem to be liking the Royston drilling update. Nice to see back on this board

[becker123456789]

Still made $3300 on trade mind you it could have been 20k like you said. Buying on the dips has paid generously and can't nail it every time. Still glad to see that your patience has paid off for you especialy with the market falling lately.GLTA !

[Davidblackgreen]

Congrats and if that's cash in the bank you can't beat it. Anyone got a clue why this fired up today as it's way to early for any gas.

[Kadiddelhopper]

Probably mostly retail , but I like the official sounds of Quarter as well as Month-end Portfolio Rebalancings!..just has that certain "je n'est ce quoi" about it!

[Margin321]

Very bizarre post. Almost all wrong. He says that he is he himself but regardless the post is wildcattish. Best response one word.  Ignore. 

[Margin321]

Very bizarre post For starters a production facility at the Cascadura well pad is NOT a natural gas processing plant.  TXP not getting into that business. They are selling gas (stripped of liquids) at the wellhead. Secondly they are NOT  trying to fill a 200 mmcf/d processing plant. They are not in that business, and the demand for the gas by potential end users is many times that

[1geoguy]

your comprehension is poor margin.  I said exaxctly what you posted. a plant would grow as production grows.  I never said TXP would build it either, we know NGC does that. I was responding to a post by another poster proleses, who posted 3 wells to fill a 200 Mmcfd plant, that was plain wrong and uneductaed to think 3 wells would sufffice, rediculous.  find a 200 Mmcfd plant

[leverage1971]

Beyond the bickering I would argue that the best anyone can do is speculate. Experiences are valuable when tempered by context (this is T&T) not Alberta and 2 and a bit years ago this was a oil chasing company. A great deal has changed and there is more to come, the company has been challenged to keep up and keep this moving forward. Some here are too optimistic, and some are equally too

[1geoguy]

you are correct and it is trinidad and we know that. however there are facts of life.. and one being 3 wells does not fill such a big plant as prolesenes said.. that in fact that is silly, that is uneducated.  to fill that size plant in Trinidad or Alberta requires a plan and a number of wells. to suggest 3 wells is pumping nonsense.  there is nothing wrong with pointing out obvious