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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 > proselenes: trouble with your post is you go on to talk
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Post by drunk@noon on Mar 31, 2022 9:59am

proselenes: trouble with your post is you go on to talk

about how promising kracken is. Meanwhile Royston is still in doubt. Talk of it being a hudge pool, and all we know is a well produce 600 or so barrels a day with a high water cut, and that was weeks ago. Seems the outlook is always somewhere-over-the-rainbow, rather than actual production and cashflow.
Remember we heard for months about the poteintial for Royston to be a monster gas well. Now it's never-mind about Royston and it's all about the mythical Kracken. You do realize that if they can ramp up Royston to 5,000 bopd over the next 6-9 months you are talking about a double in shareprice from an intrinsic value, as it would double cashflow from the 100 mmcf of Casca and company gas. And why can't you harness 5000 bopd from what is supposed to be a monster oil field, if they think well one is such a success? If they can't, why would one care at all about Kracken? It seems to be a bait and switch to me.
Comment by Margin321 on Mar 31, 2022 10:50am
 Nothing personal drunk at noon, but that is a rotten post for someone who did not listen to the presention. If your mind is made up and you have all the answers, don't bother to pretend that you are responding to the presentation which you did not listen to, or to comments by others who are trying to understand TXP story  better to  inform their investing decisions. You are ...more  
Comment by whothe on Mar 31, 2022 1:22pm
Have you not noticed - he is a soft basher.  Always sowing seeds of doubt nested in shreds of feigned support. Drunk-at- noon    basher full-time.    Why keep sticking around if it is such a scam - makes no sense to anyone unless you have alternative motives ...  
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