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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 > Touchstone an Enticing Proposition BUT ONLy 4d PATIENT!
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Post by stanley on May 15, 2023 9:27am

Touchstone an Enticing Proposition BUT ONLy 4d PATIENT!

Lurk & Learns:

Sometimes we cannot fully appreciate the pace wrt the develpment of projects in countries were the skilled trades are a rare commodity. Meaning,

Trinidad with over a hundrerd years of O & G production are essentially in the mature (pre hydrogen economy) phase of a 100 year+ cycle. Now while PB may have discovered the ultimate gas resdource and had phemenomal success proving this theory; the execution might have suffered due to (among other contributory factors) a paucity of skilled trades. Now, 

What the two most recent "tout sheets" (kindness of Proselenes) have suggested is a  projection for the 2024 exit EPS is the possible "holy grail" for the patient.

Oil Now Summary of TXP's Q1 Report

BWDIK? Q4 2024 exit EPS might be enticing but only for the PATIENT and those capable of doing a pro/regression analysis of TXP EPS starting in ~ SIX(6) weeks to "ad infinitum" or buy out, which ever comes first.

GLTAL GLAP Caveat Emptor

Cheers
Stanley
Comment by Margin321 on May 16, 2023 12:43pm
Hi Stanley. All sounds good.  I will vote for "six weeks to ad infinitum" over a premature low ball buy out. Nice way of putting it.   Although at my age the  "ad infinitum"  part  has a slightly different feel to it.
Comment by stanley on May 18, 2023 8:13am
Lurk & Learns + Margin321: I will never rule out a "PM low ball buyout" as this is how the majors stay majors; meaning we have (allegedly) seen the role of one major proximal to Coho engage slow walking; and while not out in the open one might SPECULATE what types of "neferious" activity others might be engaged in that might be designed to "edificate" the (some ...more  
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