GREY:TBTEF - Post by User
Post by
bshort92on Oct 01, 2008 4:09pm
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Post# 15497870
Selloff
SelloffBased on the data presented in the operational update is a 1.3mmcfd well considered a good well based on the costs of drilling in the Montney? Do the results thus justify the expenditure and make this play economical? Judging by today's trading the answer is no. Also why wasn't the current production of TBE not disclosed in the release? Are investors to guess what the current daily BOE a day is being produced. The release also said the company is well positioned into 2009. Are we to interpret that an investment in TBE for the balance of 2008 is dead money?