Twin Butte Energy Ltd TBTEF

RE: RE: GMP

[bshort92]

GMP is much more informed about the current oil environment than most of us retail slob investors. Accordingly CR just announced an additional $100 million of raised capital and increased their 2011 Capex to 260 million with the effort being concentrated on its core company making property at Princess Alberta. This is not a chump change project. It was a materially changing project that CR made as a result of their Gentry Resources purchase. Furthermore they announced they will be seeking to make an aquisition to augment their growth strategy. They went meteorically from less than $3 a share to $20 in two and a half years. TBE can do the same. Maybe not as quickly with the 65/35 WI on the farm in lands but have options to add additional crown lands adjacent. They leveraged the 50/50 WI at Frog Lake into a 100 WI purchase that supplements that effort. This is not a time to be meek or mild or cautious. Bought deals and flow through financing can be had but TBE is showing incredible fiscal discipline and restraint as not to take on toxic debt yet at the same time not dilute us. GMP likes the strategy and a small retail investor gets the benefit of a big dog paving the way for some upside.