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Touchstone Exploration ( TXP )

Proselenes
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Re: Touchstone Exploration ( TXP )

#320926

Postby Proselenes » June 24th, 2020, 1:28 am

Josef Schachter commented on TXP this evening, video in the link below.

He is looking at 35 cents annualised cashflow end of 2021 and a 1.5 CAD target based on Coho/Cascadura-1.

Obviously any success at Chinook-1 or Cascadura Deep will raise that annualised cashflow and price target. Same goes for Royston when thats drilled in H1 2021.

All the upsides to that 1.5 CAD target are there, he is telling you now this is worth 1.5 CAD based on what they have already discovered (Just Coho-1 and Cascadura-1), thats why there is confidence in buying TXP now, its still about 35% discount to what it should be trading at based on whats been discovered so far (with Chinook-1, Cascadura Deep and Royston-1 all currently not in the price).


https://www.bnnbloomberg.ca/market-call ... ks~1982864


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Proselenes
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Re: Touchstone Exploration ( TXP )

#322685

Postby Proselenes » June 30th, 2020, 4:00 am

https://www.hl.co.uk/shares/share-resea ... r-round-up

Touchstone Exploration: Canaccord initiates at speculative buy with a target price of 72.0p

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Re: Touchstone Exploration ( TXP )

#322858

Postby 88V8 » June 30th, 2020, 11:02 pm

My wife complains that I talk to myself...... ;)

V8

Proselenes
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Re: Touchstone Exploration ( TXP )

#323425

Postby Proselenes » July 3rd, 2020, 2:08 am

Bruce Campbell - President & Portfolio Manager at Stone Castle Investment Management Inc has TXP as his second top pick today.

First time he has commented on Touchstone.

https://www.bnnbloomberg.ca/video/bruce ... ks~1987843


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Proselenes
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Re: Touchstone Exploration ( TXP )

#324487

Postby Proselenes » July 8th, 2020, 5:52 am

60p mid price close there in Canada.

Was expecting this week to be a buying week, as everyone knows from mid-July (so potentially next week) there will be the reserves news.

Expectations on Casca for that reserves report, have to be looking at around 200 to 250 BCF for now - with lots of upside scope as its currently "unbounded" so will only get bigger and bigger with more drilling and more geo work.

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Re: Touchstone Exploration ( TXP )

#327392

Postby Proselenes » July 20th, 2020, 7:19 am

Wow.

I was expecting for now around 200 BCF best estimate. They have double that and as always with big fields.......they get bigger with more drilling, so that high estimate could end up at a TCF with more appraisal work in future.


https://www.investegate.co.uk/touchston ... 00064606T/


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Proselenes
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Re: Touchstone Exploration ( TXP )

#327609

Postby Proselenes » July 20th, 2020, 11:23 pm

http://hydracapital.ca/hydra-blog.html

Touchstone's Free Cash Flow Engine: Cascadura Reserves Report Delivers
7/20/2020
By: Malcolm Shaw

It's Christmas in July today as Touchstone Exploration reported its maiden Cascadura res...........

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Proselenes
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Re: Touchstone Exploration ( TXP )

#327610

Postby Proselenes » July 20th, 2020, 11:28 pm

Video with Paul about the news.

https://www.youtube.com/watch?v=EDbgUGEEBIQ


Confirms Chinook to spud soon. All going well. Reminds everyone that Q2 results will not look good due to the terrible oil pricing in Q1. Confirms company in great shape financially with the recent placing and also the debt facility. Coho-1 production on schedule for October.

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Re: Touchstone Exploration ( TXP )

#327666

Postby Proselenes » July 21st, 2020, 11:08 am

Kevin is expecting more and more :)

https://newsday.co.tt/2020/07/20/touchs ... ura-field/

.......Commenting on the find, former Energy Minister Kevin Ramnarine said Touchstone's Cascadura discovery makes it the largest discovery on land since the 2002 Carapal Ridge discovery (in South Trinidad) and with further drilling in Cascadura, it is likely that more natural gas will be discovered.

"In my opinion what is happening in Ortoire is historic but it can only have happened if the Ministry of Energy awarded acreage. The Ortoire block was awarded to Touchstone in October 2014. The fact that the Ministry of Energy has not awarded acreage for the last five years is therefore disappointing.

"Touchstone needs to be congratulated for taking these risks to discover these new reserves. It confirms an eastward extension of the Herrera sands in Penal/Barrackpore. I think there will be more natural gas discoveries in this area, which is close to Poole Poole Valley and Rio Claro."...........

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Re: Touchstone Exploration ( TXP )

#327675

Postby Proselenes » July 21st, 2020, 11:33 am

Different interview with Paul the CEO.


https://www.directorstalk.net/touchston ... interview/


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Proselenes
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Re: Touchstone Exploration ( TXP )

#327798

Postby Proselenes » July 21st, 2020, 10:44 pm

Interview with the former T&T energy minister about the TXP discovery and the energy sector

https://www.youtube.com/watch?v=utu_q3u ... e=emb_logo

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Proselenes
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Re: Touchstone Exploration ( TXP )

#327837

Postby Proselenes » July 22nd, 2020, 7:50 am

FinnCap note on TXP just out.

PDF file download link below:

https://ufile.io/1yuwbk04

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Re: Touchstone Exploration ( TXP )

#328328

Postby Proselenes » July 24th, 2020, 2:27 am


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Re: Touchstone Exploration ( TXP )

#329301

Postby Proselenes » July 29th, 2020, 4:19 am

Post from the TXP Geo made on Facebook on the Cascadura discovery/drill.

https://www.facebook.com/xavier.moonan/ ... 3399104412

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Re: Touchstone Exploration ( TXP )

#329870

Postby Proselenes » July 31st, 2020, 4:39 am


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Re: Touchstone Exploration ( TXP )

#333109

Postby Proselenes » August 14th, 2020, 9:54 am

Interview with the CEO following todays news release :

https://tinyurl.com/y37fgje6

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Proselenes
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Re: Touchstone Exploration ( TXP )

#333326

Postby Proselenes » August 14th, 2020, 11:57 pm

TXP covered from 26 minutes 40 seconds in :

https://total-market-solutions.com/2020 ... -gas-xxii/

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Re: Touchstone Exploration ( TXP )

#333352

Postby Proselenes » August 15th, 2020, 9:01 am

August 2020 update on TXP from finnCap

PDF file in the link below:

https://ufile.io/ftt96ih0

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Re: Touchstone Exploration ( TXP )

#334249

Postby Proselenes » August 19th, 2020, 2:42 am


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Re: Touchstone Exploration ( TXP )

#335962

Postby Proselenes » August 26th, 2020, 6:35 am



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