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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 > bang!! shot on the head
View:
Post by 1Dreamwrecker on Dec 06, 2021 10:34am

bang!! shot on the head

wow big hit to your stock and portfolio, sad for prolenses with his 700,000 shares or more.

yes it is bad news well.  not ther monster 100 Mmcfd + producer, nope maybe more like one thousand not a hundred thou.  close tho, for Baay

  tow or three years from producing, big water handling issues.  Yes they will isolate the worst part of that water system in the reservoir, but they still need water disposal and that is anorther $5 mill hole is needed to produce the first!  not great news with zero infra strucure just when you need a lot.

 to think this was $3 last year. A great year in energy investing and this turkey is down that much.   not the play for neophytes as this well shows.  the pumping here was/is funny bad.  This is a tough play to grasp and it looks to have weak results with coho, chinook and now royston diappointing.  This tubidite system is not a rich one,  time to maybe survive by getting cas online.  drilling is NOT now getting good results so reign that in, work on production

lots of reasons to sell, but since most posters here have been in for the ride up and the ride down, no reason to think they would sell, for any reasons except death maybe.  yes these same posters would still think this play is great!  it ain't so. the results speak for themselves.
Comment by iwindaily780 on Dec 06, 2021 11:27am
i lost big today and sold - this company has so much promise, but it is run by a band of blithering idiots. the news releases over the last year since the chinook disaster have been horrendous. we haven't hit any suggested timelines. we never get the tes results we expect - even the first royston test, which was a 'good' surprise, was still a surprise. just a very sad day for me and my ...more  
Comment by leverage1971 on Dec 06, 2021 12:10pm
Thanks Wildcatter... missed you
Comment by 1Dreamwrecker on Dec 06, 2021 1:04pm
wildcat, smartest here easy.  he told ya to sell txp for 400% gain and go into aav whicjh is also a 400% gainer.  so you could have listened to his expertise and made like 1600%  but you goofs decided to ban him...lol... really dumb. really really not smart.. instaed of being up 1600% we have a bunch of losers here. hey prolenses said he was a ceo of a junior...lol.. yet did not ...more  
Comment by leverage1971 on Dec 06, 2021 3:38pm
So amateurish... imagine thinking that there was only 1 stock and that people posting meant it was your 1 stock alone... run along p$*syweasel you are not on my level; in case you had forgotten. Lev
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