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Twin Butte Energy Ltd TBTEF

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

Bullboard Posts
Comment by bshort92on Oct 26, 2010 7:36pm
391 Views
Post# 17615759

RE: RE: WE HAVE LIFT OFF ! $$$$$$

RE: RE: WE HAVE LIFT OFF ! $$$$$$Yeah really Mud we have to keep this in perspective. with 134 million shares out this issue has a $220 million market cap. I have to think these guys have the ability to run this to at least a $500 million cap or $3.75 a share. They have just $80 million of debt and apparently some new core properties coming into focused production at Bruce,Princess and Ansell in the works. That should drive the issue higher. If the schizo investment community can understand their focus on liquids and not gas then I see protracted upward share price movement but piercing $1.60 a share is small potatoes in the scheme of things.
Bullboard Posts