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Bullboard - Stock Discussion Forum
Touchstone Exploration Inc
T.TXP
Alternate Symbol(s):
PBEGF
Energy
Oil & Gas E&P
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...
Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).
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TSX:TXP - Post Discussion
Touchstone Exploration Inc
> Josef Schacter - TXP a top pick -
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•••
Tad
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Post by
Tad
on Apr 20, 2022 2:02pm
Josef Schacter - TXP a top pick -
12 month price target of $3.05 .... $6.00 target in 3 to 4 years
https://www.bnnbloomberg.ca/video/josef-schachter-s-top-picks~2425976
TXP comnentary starts at 3:25 mark of the short video from BNN.
GLTA !
(36)
•••
EagleHasLanded
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Comment by
EagleHasLanded
on Apr 20, 2022 3:22pm
From the CEO today if Coho comes online in May: "That is consistent with what we have been saying for six months. Welding and building as we speak. Paul R Baay"
(110)
•••
Proselenes
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Comment by
Proselenes
on Apr 20, 2022 6:18pm
Josef Schacter - TXP a top pick From 3 minutes 30 seconds in the video. https://www.bnnbloomberg.ca/video/josef-schachter-s-top-picks~2425976 He says 6 CAD in 48 months, I would say 10 CAD in 24 months as a price target. But he will start low and gradually keep increasing his price target every 6 months I would think. 6 CAD is only 368 pence......my 10 CAD is a more likely 613
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(110)
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Proselenes
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Comment by
Proselenes
on Apr 20, 2022 6:41pm
Schacter reckons the share price will double in 2022, to end the year over 3 CAD (1.85p levels). I would agree there, TXP is now at is lowest ebb, the delays have done their damage but all the oil and gas is still there. We now look positively forward, and from the current low ebb its only upwards. Coho online in May. EIA descision on Cascadura by 3rd week of May latest. Then later this year
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