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Bullboard - Stock Discussion Forum Twin Butte Energy Ltd. TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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RE:RE:RE:RE:RE:RE:RE:share price

Well with oil at 110 dollars a barrel shares would be worth 6 bucks by now  rate and reply

RE:RE:RE:RE:RE:RE:share price

the tax pool belong to the shareholders or the federal government unless some other oil company  buys the twin butte shell, then they will have to negociate with the common shareholders.  rate and reply

RE:RE:RE:RE:RE:RE:share price

Here is the final press release from the company should you have any doubt. Twin Butte Energy Announces Appointment of Receiver CALGARY, Sept. 2, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE...read more

RE:RE:RE:RE:RE:share price

Sorry to break it to you. The tax pools may not be attached to the company. When the company went into receivership, this may have one of the assets the receiver sold either to the buyer - West Lake...read more

RE:RE:RE:RE:share price

nobody wants to resurrect the company here but someone may want the tax pools that is attached to it ?  rate and reply

RE:RE:RE:share price

Surprised to see anything here. The company is dead and has no assets. The shares might still be available but that is about it. The company went through Receivership a number of years ago. Someone...read more

RE:RE:share price

I have 800k in two accounts. maybe someone bought the company ? they probably settled on a price with some of the large shareholders to acquire 51% of the shares. we will get a couple cents a share...read more

RE:share price

It may have finally died the slow death... I'm still holding 11,000 shares that I bought for $9140... What a newb terrible investment/hold decision I made with this. I'm only still holding...read more

share price

whats up with the share price ? it's gone to 0.00 does this mean the stock cant be traded anymore ?  rate and reply

RE:Thanks for the link

  rate and reply

RE:RE:RE:RE:RE:Twin Butte Stock Price

at this rate, we can't even buy a nice mcdonald meal lol   rate and reply

RE:RE:RE:RE:Twin Butte Stock Price

As a public entity are they not required to give us shareholders a contact and update us on the status of what we still hold? I keep pretty much every piece of mail I get from my companies (only...read more

RE:RE:RE:Twin Butte Stock Price

West lake bought oil and gas properties from TB not the company. The company still exists with tax pools and possibly some other minor assets. The fact that the shares are trading are proof the...read more

RE:RE:Twin Butte Stock Price

I own 11,000 shares of this and for ten minutes it showed the price jumped to .0281 and now back down to .005... I have notice for years it's been moving around a bit almost daily... I have...read more

RE:Twin Butte Stock Price

Whatever you do keep the shares. Banks are notorious for suggesting you give your shares away so that you can claim the loss. That is a lie. You can claim the loss and still keep your shares through...read more

RE:TBE

I believe it will be up to a prospective purchaser to approach the shareholders on a deal directly. They would probably make some sort of offer through a offer sheet sent to shareholders. My guess is...read more

TBE

Any idea who will be responsible to sell tax pool, if that is reason of TBE stock trading on OTC, I guess Reciever is already been discharged. Who will lead this process? Do TBE Ex Board of directors ...read more

RE:RE:RE:Large volume trading in the US

cheers  rate and reply

RE:RE:Large volume trading in the US

Yes, the shareholders own the corpse and although the buyers proceeds may partly go to other creditors, we shareholders get to decide if the deal happens or not.  rate and reply