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Bullboard - Stock Discussion Forum Gordon Creek Energy Inc TBDYF

Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

GREY:TBDYF - Post Discussion

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Post by gatlintrades on Apr 23, 2013 11:43am

Financing

To the bulls on this board: How do expect TBD to raise the $10M needed to replace the debenture coming due in October? Do you expect debt or equity? Further, how do you expect management to finance the capital spending program required by the agreement with Sandstorm?

I'd like to see Thunderbird succeed, but I don't see many fully acknowledging the financing hurdle when predicting the future for this company.

Comment by manowar99 on Apr 23, 2013 5:05pm
sandstorm still has a $7 million payment to tbd. and i believe they will give them another another $10 million considering the 35% increase in land position. And dont forget cash flow from existing producing wells. Just a wild guess. This story is just about to really get started. I used to think the managements silence was deafening, but now I feel their silence is power. Come on T-Bird! It' ...more  
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