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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 > Link to Interview
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Post by Kadiddelhopper on Dec 07, 2021 11:21am

Link to Interview

https://www.youtube.com/watch?v=HVb4aHod470
Comment by smitlo on Dec 07, 2021 11:46am
Awesome - thanks! Not quite the detail I was looking for but very helpful. Seems optimistic on test 3 due to it being higher up the column. Sounds like we should expect the extended test (if test 3 succesful) and a aggressive development campaign at Royston in 2022. Extended test can help cash flow immediately (Flaring obviously allowed while testing) Fingers crossed test 3 is a winner - if so ...more  
Comment by Samsam17 on Dec 07, 2021 5:22pm
Very interesting video, the next test results in 2 weeks will be huge. Either PB comes in with spectacular results and saves his reputation or his credibility is destroyed. His wall of cash will turn into a little fence. I was wondering if that short position would be lower now that Pro probably sold them his 700 k shares. Still holding to my shares but sweating it out big time 
Comment by smitlo on Dec 07, 2021 8:46pm
True. At first, due to the lower overall fluid rates from test 2, I was discouraged about test 3 but am now cautiously optimistic.  After thinking about it, the lower total fluid from test 2 may have been due to keeping flow on a small choke - they didn't disclose choke size like they did on test 1. If you've recovered your load water and are making high water cuts why flow on a ...more  
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