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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 > NOT GOOD if Paul doesn't appear in a webcast shortly.
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Post by drunk@noon on Dec 07, 2021 10:13am

NOT GOOD if Paul doesn't appear in a webcast shortly.

The results have to be explained. He appeared within a day of the last 2 drill/test  results, using terms like most exiting find in his 30 plus years in the business, and here we have a water dominated drill hole, complete with price plunge, AND they need to raise capital. Where is he? Plenty of cheerleaders on this board, And I am not saying the hole is a dud, but without an appearance one can only conclude they aren't quick sure what is happening. 
Like I said, not good.
Comment by 1Dreamwrecker on Dec 07, 2021 11:18am
don't worry baay will pay to pump this hole.  it is not a well, that suckin sound is your money going down that hole.  to produce this well, another well is needed to inject the produced water, the road will need maintenance and upgrading to ever produce this one well will cost then another $7 mill, so is that worth it?  the test results are lousy, the equipment baay uses is ...more  
Comment by smitlo on Dec 07, 2021 11:20am
I agree and am anxious for information. I would really like to know how the test 3 intervals look on the log relative to the test 2 intervals. My guess is that they will wait until after test 3 to give any presentation. They probably considered the intermediate test to be a new unexpected discovery and addressed it right a way. With the the overthrust test they will probably wait until both test ...more  
Comment by Kadiddelhopper on Dec 07, 2021 11:24am
PB indicated to Katie, that Test 3 has been started and they will meet again in 2 weeks to discuss and reveal in another Broadcast presumably. THey closed on the 2 week promise to meet.