Twin Butte Energy Ltd TBTEF

Early Selling

[bshort92]

This mornings early selling was based on a seller(s) willing to get raked over the coals and just wanted out. That abated and the accumalation continued. NG prices are depressed. Too much supply, too cool of late spring weather particularly in the west and just an overall bad macro that could benefit from reduced rig counts, a hurricane or inclement US Gulf weather and other factors. TBE is ahead of the curve. With future access to cheap available credit being constrained an investor in TBE has to be more optimistic based on Fitzpatrick and Saunders being light years ahead of most in knowing how to grow an E&P concern with a more organic approach of a conservative balance sheet and an astute understanding of how to acquire additonal production and acreage more cost effectively. They both of have done this before. The accumalation of shares by buyers continues and hopefully the story gets some legs.