Touchstone Exploration Inc (PBEGF)

[kahlua]

I’ve been buying the stock recently. After disappointing investors for a good while, the company is finally under promising and hoping to over-deliver in 2024. The chart appears to have bottomed out with weekly MF divergence and has also formed a bullish flag on the daily. Lots of derisking to do this year behind the drill bit but optimizing the 2 CAS wells should hopefully generate better fcf than the results exiting 2023. The stock appears very cheap relative to the potential fcf their production capacity can produce. But they gotta “fill it”. Once they derisk and prove out the concept the rerate should reward the longs imo.