Twin Butte Energy Ltd TBTEF

RE: RE: RE: RE: RE: RE: RE: Halted??....eom

[bshort92]

Mud: Your post is spot on. The NG macro is in tatters right now. Rig counts are down as prices crater. Remember only about 4 TCF of storage exists in North America for NG. Looseley translated NG prices sky rocket when NG demand rises, rig counts are down and weather dictates heavy usage. Supply can be depleted rapidly in that scenario.The French Quebec concern that has accumalated a huge position in ITX are much like Colborne and Saunders with TBE in that they are making risky calculated long term bets that NG prices will snap back, perhaps astoundly and that they will be rewarded handsomely for their counter thinking buy now at low depressed share prices and then sell into huge rallies once the NG macro turns back. Its good sense to follow them on this. I think that NG prices might stay down through fall but blasts of cold weather will crater the NG depression and an ensuing rally in NG prices and the share prices of NG drillers and explorers will follow. Take that to the bank.