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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 Corporate Presentation December 2024
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Post by stanley on Dec 16, 2024 7:45am

Touchstone Corporate Presentation December 2024

Lurk & Learns:

A trip to the new Discord "wiki Central Block" (archive) is highly recommended.

Especially when some might wonder what the contractual term "vicariously liability" might mean going foward. With credit to David who suggests how Shell's reclamation and restoration liability might play out "ad infinitum". Especially in consideration of any (possible?) future Touchstone (exit & tax) strategy vis a vis a "stranded investment".

Also when contemplating, the "why now question" the Shell conundrum is also discussed there.

With those serious enough to learn even more about the possible why now, PB talked about the upcoming election (SY may have PM aspirations). Fun Fact: While Kamla announced that she will not be running any candidates in Tobago; she and childhood neighbour Gregory has Siparia roots, the historically significant terminus (turntable) of the "Last Train to San Fernando". See also location of TXP's "in country HO", after relocationg from Forest Reserve.

Also Google "Trinidad & Tobago Foreign Exchange Crisis", to guage if there is any (synergitic) timing advantage for Touchstone vis a vis political opportunism.

This opportunity might have been "foretold" (aka telegraphed) when in his presentation PB's recounted a phone call "boofing" TXP for not communicating a gas delivery interruption.

WRT "slippage recovery", See also the recent timing on Cascadura 4 & 5 Graphs.

Link to December Presentation:

Touchstone Corporate Presentation December 2024

GLTAL GLAP Caveat Emptor

Cheers
Stanley
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