Touchstone Exploration Share Discussion Threads

[sleveen] 20/1/2023 12:56

There's only one use for the Guardian and it's not for news.

[jungmana] 20/1/2023 12:39

https://www.theguardian.com/news/2018/mar/29/slavery-abolition-compensation-when-will-britain-face-up-to-its-crimes-against-humanity

[jungmana] 20/1/2023 12:34

The arsonist who put out the fire should get compensation for that? Do you know that to end slavery in the carribbean all British slave owners were compensated for each slave they owned.Most got tens of millions of pounds in today's money and this was paid by the British state to the slave owners and their descendants for decades. But what did the slaves get for enriching those families and the British state in 200+ years of slavery? Zilch!

[jungmana] 20/1/2023 12:26

That proposal of paying San Francisco black descendants of the enslaved reparation to the tune of $5 million each is not the right approach.It has been rejected by many prominent black leaders and scholars. The money should be better spent in schools, housing, training facilities especially in technology, scholarships, health care , support businesses, create jobs and opportunities within the black communities and other poor neighbourhoods.

[dunderheed] 20/1/2023 10:52

JM been looking for a long time.
The Middle East, South America and Russia seem to be the only answer but they have their own problems I think?!
By the way share price looking nice lately though?!

[junky monkey] 20/1/2023 10:24

SAN Fransisco wants to give every Black person 5 million USD, because well, they’re Black (or identified as Black for a number of years).

The Woke generation has been taught to expect free hand outs, and they’re coming for our life’s hard work to pay for it.

Just google 5 million dollars black and you’ll get the story on whatever news channel you like.

I’m identifying as Black from today onwards, and I went to a majority Black high school when I identified as White, so I was a minority.

Is there anyplace in the world we can move to escape the insanity?

[buffythebuffoon] 20/1/2023 08:23

I doubt this would happen, but regardless, no government would dare introduce a retrospective tax, so you’d better tuck away what you can as a precaution if you have any allowance to use. They may introduce something similar to pensions with the A day protection which I took out at the time.

Buffy

[che7win] 19/1/2023 15:52

Captain,
Watch out for this current left leaning government, they hate careful hard working savers

[wanobi] 19/1/2023 14:55

nice one cfc, please can I swap my ISA for yours :-) LOL :-) Cheers Wan :-)

[captainfatcat] 19/1/2023 13:49

Dunder hope your well matey, rounding down 1.3M in my ISA it's stayed about the same for the last year I do trade round the edges a bit for some petrol and beer money 🤫

[ashkv] 19/1/2023 13:01

I love TXP and am grateful for the upside it has provided. However, (more than) once bitten, twice shy.

[ashkv] 19/1/2023 12:34

My original buy price was around 13p - topped up in the low 20s for an average of around 16p - rode it all the way to 160 plus with sells along the way and 2 tranches sold in the 160s

Added at 90p in May 2022 in expectation of delayed Coho coming online per PB guidance to bolster my remaining TXP holdings (average sell prices in excess of 100p).

Sold entirely out of TXP at 88p in Sept 2022 as I was wary of further fund raise / uncertainty re Coho given inordinate delays.

Hopefully TXP comes good - but Paul Baay is not a straight shooter... and it is always wise to bank profits more so with small AIM firms. No one got poor taking profits :)

Picked-up the below recently ->

Michael Zezas, Head of Global Thematic Research at Morgan Stanley - " the average equity holding period has declined from eight years in the 1960s to six months today".

[dunderheed] 19/1/2023 12:02

CFC - how many do you have now mate - and I think all in tax free wrapper?

[jungmana] 19/1/2023 11:52

I missed out on the earlier rise here from teens but had a few small trades in late 2020 and 21. I kept watching as most of the last 2 years had funds invested in i3e , prd, axl and a few other shares. On the recent fund raise I took the opportunity to buy 100k shares averaging 54p. 4 weeks back you could buy in 10k lots at 53p.Imho there is a huge opportunity here and TXP could be one of the star performers of 2023 . All kicking off with Royston spud at end of the month and Cascadura should be online by April. As said before my personal target is 150p.

[sleveen] 19/1/2023 09:25

Fair enough, 60s would be a great, but unlikely, buy price IMHO.

[ashkv] 19/1/2023 09:12

TXP was a no brainer in the 50s - and I slipped up in not buying.

70s is too rich for me given risk / reward - might dip toes back in the 60s.

[stockport loser] 19/1/2023 08:05

The big difference is the 5 year gas deal gas started, let's see how quickly its signed off this time.I was thinking May, but where they are currently I think April is achievable.

[sleveen] 19/1/2023 08:03

You had a great opportunity to buy well below your 90p sell price.

I bought @ 58p,66p and 72p recently.

Why didn't you?

[ashkv] 19/1/2023 07:50

Sold at 90p - my last tranche and indeed quite surprised as to the upward sky rocket - given share holders got screwed at a placing near 52 week and multi-year lows...

Remember Coho - Cascadura could very well be online in Q4 2023....

[sleveen] 18/1/2023 18:12

No, he's sold and wants a lower price to buy back in.

Good luck with that!

Sell low and go!

[hiddendepths] 18/1/2023 17:35

Ooh, Ash, you didn't sell out and open a short, did you? Tsk!

There something more relevant than the RSI, which certainly has its uses but not so much for oil and gas exploration shares.

The trend's your friend!

Works far more often than the RSI for these babies.

[wanobi] 18/1/2023 17:04

An RSI indicator can stay in the overbought region for extended periods while the stock is in an uptrend. The indicator may also remain in oversold territory for a long time when the stock is in a downtrend. This can be confusing for new analysts, but learning to use the indicator within the context of the prevailing trend will clarify these issues.....

Cheers
Wan :-)

[johnoxxx] 18/1/2023 17:01

Spot on Ballymoss