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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by bshort92on Sep 17, 2010 10:54am
389 Views
Post# 17460718

RE: RE: RE: RE: RE: RE: RE: Why oh why!!!!!!

RE: RE: RE: RE: RE: RE: RE: Why oh why!!!!!!Mike: I guess we can hope all we want. The reality of being invested in this stock is that it is an undervalued stock. Institutions are not adding to their positions because they know near term the energy markets are going nowhere. Too much NG in storage with slack demand keeps that commodity depressed  and a glut of oil keeps its price in a $75 range. I still think Frog Lake is a good play, Ansell is intriguing, Bruce seems viable. All I want to hear and see is a comittment that TBE is going to go after this Princess play with the same zeal and intensity as what Crew has done nearby. Saunders touched on that...his issue is he can't blow the lid off Capex to accomplish this possibility by taking on more debt or by issuing more equity. So TBE is going to grow through the bit and the pace is not going to be that quickly.
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Dealroom for high-potential pre-IPO opportunities