Touchstone Exploration Share Discussion Threads

[sleveen] 23/11/2017 07:23

Spot on with TRIN's RNS today, though I thought the deal wouldn't go thru' because of RRL being sh*t.

sleveen
4 Nov '17 - 11:41 - 402 of 499 0 0 Edit
Which makes me wonder if TRIN will receive the $4m from RRL by December


marvelman
4 Nov '17 - 11:56 - 403 of 499 1 0
"Under the terms of the Transaction, Range has agreed to deposit the full consideration of US$4.55 million into escrow to be released on completion"....only delay might be T & T bureaucracy if that was what you meant Sleveen.


Turns out it's because RRL are sh*t and the T&T bureaucracy know it.

"...The regulators were unable to gain sufficient comfort on the transfer of ownership and operatorship, and therefore have not approved the assignment. Without regulatory approvals the sale of the West Coast Assets to Range will not complete, and the deposit of US$4.55 million, currently held in escrow, is expected to be released to Range under the terms of the SPA and related escrow agreement..."

[che7win] 22/11/2017 11:16

105k buy showing from an hour ago.

[mount teide] 22/11/2017 10:55

Looking primed for a further move back up.

L2: 3 v 2 / 13.0p v 13.5p - all other MM's 14p or above.

[che7win] 22/11/2017 10:10

Didn't take much for it to rise.

[che7win] 22/11/2017 08:02

WTI up 105 cents

[che7win] 21/11/2017 22:31

A 19% rise in Canada overnight for TXP

[trapissed monk] 21/11/2017 10:43

waiting to hit 11p area to add.

[che7win] 21/11/2017 10:42

Just down to T20s closing, a nice opportunity to get in imho

[john henry] 21/11/2017 10:10

Fallin knife with no support.

[che7win] 17/11/2017 10:30

Oil is rocketing!

[scottishfield] 17/11/2017 09:13

Yep. Production presentation on the 28th shoud clear that up.

[scottishfield] 16/11/2017 17:58

someone taking advantage of the low price today I think

[wheniamfree] 16/11/2017 12:50

May have to leave an order

[che7win] 16/11/2017 11:54

Yet I can sell 100,000 no problem at 12.55p

[che7win] 16/11/2017 11:51

They won't let me buy any online now.

[che7win] 16/11/2017 11:39

MT,
market is madness right now.

OSB had a company update 1 week ago, it's growth upgraded for the third time by the company since March - now going to growth 20% this year. It went up last Wednesday by 5.5% at one stage.
Now, one week later, it has fallen 45p, or 10%.

The amazing thing - its cleaning up in it's sector, it's growing 20% and....it's P/E is 7.5

It's rivals - SHAW and ALD have been or in the middle of takeovers, OSB is a sitting duck imho to be next.

[trapissed monk] 16/11/2017 11:28

i find the markets a tad irrational at the moment. big hits,silly rises.don't hold for long hence sell regardless.my initial 14p area buy looks heavy now. will watch for further weakness.good luck guys.

[mount teide] 16/11/2017 11:23

Dumping at well bellow bid - Probably highly leveraged short term traders with margin calls going off like a Chinese fireworks display, as a result of the modest general market sell off this week.

"When others are fearful be greedy" is a maxim that made one individual very wealthy.

[trapissed monk] 16/11/2017 11:21

rid mine.don't like the chart atm.small holding,small loss.going shopping!

[che7win] 16/11/2017 11:08

John,
hopefully I get to buy cheaper then. I couldn't ignore 12.3p and 12.4p, would be rude to.

[john henry] 16/11/2017 11:06

SP has broken the FIB 50% correction of the recent move. Likely move is to test the FIB 61.8p around 11.5p. Before moving higher.
A lot of hot money joined the spike that money has been coming out.