GREY:TBTEF - Post by User
Comment by
bshort92on Aug 05, 2009 12:04am
209 Views
Post# 16191408
RE: RE: Up 20%- bshort
RE: RE: Up 20%- bshortMud: I agree the shares are in jail: The result of the mother of all bad macro's: a recession, mild weather this summer in the US east and a brain dead political apparatus that embraces wind and solar and views natural gas as something of a pariah. Go figure. A blast of early cold air could alter the supply demand picture in NG pricing but researchers say a mild hurricane season is on tap. The real story is down the line: Can Ansell be the home run a lot of us believe it to be like what ONR is doing (producing close to 2000 BOE's a day there.)? It''s just a grind to see other players getting a little lift while this issue gets played with by a few market makers who profit from weak hands all the while keeping the share price down 20% from its recent $1.05 a share high. The other guys trend upwards and TBE just sits in the corner with a cold. Got to see it play out though and a cold winter might spell nice returns. Meanwhile with a lousy NG price environment why not make another deal and merge some production up or accelerate the Ansell play through the bit and get the production to 4000 BOE a day like OEX by duplicating what ONR is doing nearby?