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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.


GREY:TBTEF - Post by User

Bullboard Posts
Post by bshort92on Jul 17, 2008 8:47pm
279 Views
Post# 15304769

Capex revision

Capex revisionEver since TBE revised their Capex and end of year closing production numbers upward the shares have been bludgeoned. In fact today OEX,WAV,SEO,TLM,BIR,CR etc all got killed. Therefore it is obvious the whole sector is in free fall thanks to the rapid run up in energy prices and the realization that the prices can't sustain due to slack demand, a tapped out consumer, summer shoulder season and overly speculated markets that have  to find some equilibrium. Therefore if spooked you sell your shares, you get raped in doing so but you deserve to be punished because you are a penny stock day trader,level two watching panty wearing fool instead of being a long term oriented investor who can handle run ups and sell offs but will patiently wait for the investment to reach its full potential based on realistic and sustainable fundamentals. June was nirvana, July a grease fire hope August restores some semblance of balance and that we return to normal in September.
Bullboard Posts