Touchstone Exploration Share Discussion Threads

[1corpse] 25/6/2021 13:40

Probably drilling and waiting for the results. Like every thing in life it goes up and down and probably on a down.

[davidblack] 25/6/2021 13:22

He is buying lumps of it apparently for his retirement.

[spawny100] 25/6/2021 13:07

To be honest che7win none of us know where the bottom of the chart is here. We're close to completing the first head and shoulders but if it doesn't bounce soon it may go to the lower shoulder circa 50p. Of course there is potential for a number of positive bits of news to come in in the meantime though. Bottom fishing here might prove lucrative.

[che7win] 25/6/2021 12:56

Plus TXP is at bottom of chart and will 1 bag on a sniff of positivity versus Kist near top of chart.

[che7win] 25/6/2021 12:42

KIST...do you want to double there in 18months or 10 bag here?More upside here, with operations in a country support O&G versus North Sea where development is being shunned, whether it's Norway, UK, Denmark.....No political risk here

[kfr20] 25/6/2021 12:34

Any thoughts on KIST anyone? Sorry for off topic. Considering either a top up here or a new position in KIST (I did okay with RockRose Energy, so quite keen to follow A Austin). Cheers.

[ballymoss18] 25/6/2021 12:24

So Max, what would you call a fair price here? What do you value legacy oil fields at? Coho? Casc? any value for Chinnook or is it in for free? Do you rate the chances of Royston, is the 700 feet show from Shell many years ago, a possible 1tcf thrown in for free? The 21 other prospects Kraken etc in for free too. Curious to your thoughts.

[1corpse] 25/6/2021 12:09

So what do the moaners want out of this share.

[maxxy1] 25/6/2021 11:59

Low price? You must be kidding

[1corpse] 25/6/2021 11:58

Don't need pumpers here only low price to buy and neither daft PIs not doing research and adding to the maelstrom of daft idiots moaning.

[maxxy1] 25/6/2021 11:28

Ballymoss, last few months are significant because of stronger oil. While oil price rose, share value has depreciated. Why? There is hardly any results to show. Pumpers here want to be pump only to draw in poor PIs. Atleast that's how it sounds like here.

[thebull8] 25/6/2021 10:49

Couple of German own goals next week wouldn't go amiss

[1corpse] 25/6/2021 10:25

Spawny, it does seem to be the flavour of the moment in certain games. But,own goals drive us to places others fear to tread or go. Exploration in any form not without risks.

[davidblack] 25/6/2021 10:21

Happy to hold and accumulate long term but with a smoother upward graph would be friendlier. Completion on Coho, approval of the development plan on Cascadura, and maybe if we are lucky more wins on the drill. Chinook is intriguing, the market has written it off but the company robustly see it as an oil discovery just in the non optimal location. A major win there on Chinook 2 would be very sweet indeed.

[ballymoss18] 25/6/2021 10:13

Max quite a narrow time frame "the last few months" just to fit your agenda. However the 12 month, 18 month 2 year story paints a different picture. Most here see the longer term picture. The old saying be prepared to hold a share for at least 5 years. Sadly people look to days and weeks now and the reason many get burnt and become bitter. Good luck Max with your future investing.

[spawny100] 25/6/2021 10:10

Depends which end of the field the goal is scored corpse. Best to avoid own goals.

[1corpse] 25/6/2021 10:05

It makes no difference which way we are running as long as the goal is scored. Two years from now, each will have to answer what we should have done or not. Same as DB bought from 22 to 160 all along the way. At least at the party depends if you want to enjoy the moment.

[maxxy1] 25/6/2021 09:54

Exactly, you can't. Keep pumping ;)

[captainfatcat] 25/6/2021 09:53

Buffy 20617 an astute observation.

[thebull8] 25/6/2021 09:50

How can I run to the hills when I'm an old man?

[buffythebuffoon] 25/6/2021 09:50

I bet many of you didn’t see the other downside of PB promising too much too soon. We end up with uneducated, inexperienced individuals that the board is now saddled with. They’ll move on in time and waste their lives elsewhere, but for now we are getting first hand experience of what a poor upbringing produces. Buffy

[maxxy1] 25/6/2021 09:47

I see you're impressed easily. Run for the hills old man and take Pro with you, will ya ;)

[buffythebuffoon] 25/6/2021 09:46

If making the maximum profit is the yardstick, then yes, it’s true. However, regardless of the share price before or after, DB would have successfully raised his average buying price.... Buffy

[thebull8] 25/6/2021 09:42

Clearly averaging up only works when the stock keeps on going up!Never a truer word has been spoken