Touchstone Exploration Share Discussion Threads

[dunderheed] 10/9/2024 12:45

Exactly Red and we all have different risk profiles!

[redartbmud] 10/9/2024 12:37

Come on girls, put the handbags away.

Dunders has alluded to the fact that we all want to see the same outcome, but are coming at the issue with very different perspectives.


red

[arlington chetwynd talbott] 10/9/2024 11:43

Such a good point you had to make it twice? I think you are looking at that situation though TXP-tinted glasses.

[davidblack] 10/9/2024 11:35

Suddenly TXP’s offer is starting to look more plausible?

[davidblack] 10/9/2024 11:35

At $68 oil that LOL offer is rising in value against oil at $75.

[arlington chetwynd talbott] 10/9/2024 11:21

Yes, that is up to him - I just do not like the idea of folk who cannot afford to take the risk that he is taking following his example.

[arlington chetwynd talbott] 10/9/2024 11:19

Because you are the top ramper. And I think TXP need and want TRIN and will continue to do so, even if the initial hisses from Cascadura are halfway decent. And I also think you are underestimating LO. Time will tell.

[dunderheed] 10/9/2024 11:03

ACT you may not understand it but how can you be expected to?
People are in different unknown circumstances and have different risk assessments.
Looking at AB I think he is assuming TXP will be successful and hence he has been able to buy more TXP than he would have otherwise received if their share take over goes through. THATS HIS RISK profile. not yours?!
IMHO.

[che7win] 10/9/2024 10:59

Act,
have you ever thought to ask why TRIN share price is tracking TXPs and not the 68.5p LOL offer?

Is there something you might be missing?
Do you think LOL are as keen now to take over TRIN with oil price crashing?
Or TXP for that matter?

Is there a risk all parties leave and TRIN have to carry on alone?
Is TXP with a diversified oil and gas portfolio and predominately gas at a contracted fixed price a better option?

Are you blinkered so that you can’t size up the risk that the market is apportioning to TRIN and the upside for TXP?
I am happy to have predicted the share prices so far, to have sold TXP and bought TRIN, then to have sold TRIN at highs and to have moved back to TXP, then for TXP to have risen 15%.
I even argued that I saw TRIN as lowish risk and possible upside in another takeover approach, which happened and I had publicly speculated on. Each risk profile is different for each shareholder.

The risk changed, because TRIN could be jilted at the altar by one or both approaches, and that risk has increased since oil is falling.
TXP now having a free option to leave TRIN acquisition, thanks to directors of TRIN providing that option was a risk too far for me. To be landed in TRIN and possibly for TXP to walk away, it’s a real risk too far for me.
And the worst thing….having to take a cash offer when the upside for TXP is theoretically multiples of current prices.

So far, so good for me - yet you keep mentioning me? Why? I have been transparent in my thoughts and actions from May to now, go back and look at my posts on TRIN to understand, I was generous to be open on my thoughts.
Not too many others were.

[throgmortonstreet] 10/9/2024 10:58

Failed share ramper, NIGOIL also posting as NEGAN and Arlington Chetwynd Talbott has resurfaced.

Give us another one of your failed share ramps, LOSER BOY !!



Rockhopper Exploration, Greatland Gold, and now this.

[arlington chetwynd talbott] 10/9/2024 10:55

That is the great thing - TRIN shareholders can now wait and see how things turn out for TXP at Cascadura. Before, they were just going to be bounced in ahead of the big reveal. What I cannot understand, despite the arbitrage, is folk switching out of lower risk (LO or not) TRIN into higher risk TXP.AIM is a small part of my portfolio. Occasionally it can be the place to be, but timing is everything and difficult to pull off. I prefer quality and would rather wake up to a medium sized profit like I did this morning with CEY than risk everything for a bagger.

[ballymoss18] 10/9/2024 10:31

Surely the moment Trinnies bought the shares they were taking risks over cash. Shares over a bank account = risk.You mention the Casino but have you not been posting on the Aim Casino for many years.Trin shareholders can wait and see how it goes before choosing a side. However the risk is one or both parties will walk away. Red or Black but it could always be Green 0.

[arlington chetwynd talbott] 10/9/2024 10:01

Classic EggChaser. Fortunately most folk know not to judge the reasonableness or otherwise of a post by the way a poster like EggChaser reacts to it.

[dunderheed] 10/9/2024 09:41

Ticked up EC as your earlier one was as well I hasten to add.

[eggchaser] 10/9/2024 09:35

Johnoxxx - pmsl the Womble is posting on the wrong thread... or perhaps the cretin wants to encourage chaos and bad blood between shareholders of each stock in order to satisfy his own gain....I wish the stench would go back and debate his frankly ridiculous and deluded thoughts on a more relevant thread and at least try and incorporate some facts within his post!!Dudders - much warmth sent to you in which either name is used... yeh you are negative but I think we all respect your reasons and posts even if we don't all agree - your approach is understandable!

[arlington chetwynd talbott] 10/9/2024 08:54

I have no doubt they are lurking.

[johnoxxx] 10/9/2024 08:50

If all you’re doing is asking trinnies etc etc have you not worked out by now you’re not getting anywhere? As I see no trin holders even replying to you on this board?

[dunderheed] 10/9/2024 08:34

Who the f's dudder, I've been called some names in life but dudder?!
Is that "dude...er" or just "dud...er" as in dud?!
Exciting times, me I'm not going to be surprised either way but personally would expect a production update EDIT EARLY this month for consistency as this is well and truly lacking at TXP amongst many other things?!
However also it must be said, regardless of whether or not successful, re bringing the two wells onstream this month, in reality it's hardly gold medal OPS achievement, IMHO?
The share price "fluctuation" is indicative of a lot of nervousness here as well?!
As ever all IMHO, DYOR and best of luck all.

[arlington chetwynd talbott] 10/9/2024 08:32

This is the problem with you rampers - you read a post and if it is not 100% che7win-grade ramp you read no further and assume it is calling TXP down to zero. In reality, the current TXP share price could be a fair reflection of the current balance of risk and reward. All I am doing is asking Trinnies why they would take risk over cash.

[eggchaser] 10/9/2024 08:21

Johnoxxx the guy is a grade one clown… not even invested, but like Robin Hood is here to take from the rich to give to the poor…. but favours TRIN - I wonder why??

It’s a shame the latest thread rodent doesn’t just scuttle off back to the sewers he crawled from… especially making comments, suggesting holders sell stock?

We have a good balance of posts from Dudder etc, who actually have some skin in the game and do give reasoned debate as well as some thought provoking questions based on facts, not the fiction peddled by the latest fool, tainted by his own material gain elsewhere should our investment crash…

The filter is a wonderful tool for most, but good on you for taking time to correct the fool and his drivel!!!

As you were!

[arlington chetwynd talbott] 10/9/2024 08:19

No, I am not assuming anything. This one could go either way. Or just fizzle. As the current TXP share price suggests. And that is my question, which is really addressed to TRIN shareholders. You have a risk option and a cash option - why, after everything you have been through, would you stay in the casino one minute longer than you have to?

[kaos3] 10/9/2024 08:00

i see similarities

saudi arabia huge oil .... satelite counries like oman, quatar ... gas
guayana, venezuela oil .... satelite country like trinidad .... gas

hence i am a huge optimist. when concept is confirmed, real players will invest and clean up the house. if not a takeover /undervalued/ happens - directed and orchestrated under beverly and her academic expert bod post holders

[johnoxxx] 10/9/2024 07:44

And you are assuming it won’t be. Like all of your thoughts completely negative and a lot misleading. Fair play though for someone not invested saving everyone else from the dangers of TXP, you’ll go down a saint! Now bring on Cas 2 and 3 first gas :)

[arlington chetwynd talbott] 10/9/2024 07:41

You are assuming that the geology will be kind to you. The reality could be a lot more mixed than you expect. And they may not be as adept operationally as Spangle93 is hoping - their operational track record is not great. The market clearly no longer believes in the wall of cash. Cascadura is still the jewel in their crown, but it is only semi-precious these days.

[johnoxxx] 10/9/2024 07:18

Arlington- talking about the facility, the wells are not expensive wells relatively and the payback on them is very good, so that’s of no concern to me. If they are at 200mmscfd and need to drill new wells every so often to keep it there that really is no concern to me at all. They will have plenty of cash to spend if they’re at or near the target rate.