Twin Butte Energy Ltd TBTEF

RE: GMP Buying

[bshort92]

GMP is probably not needing to buy too much today. Seems like every sky is falling bad investor is selling shares including TBE today although today's selloff is fairly low volume. Fact is TBE makes lot of money in a +$90 a barrel oil market. Today oil is touching $94 a barrel. That means TBE is making lots of money and will be positioned to either increase Capex or pay down the debt further that the year end projected $82 million. Either way it is win-win for shareholders and despite the mushy conditions sets TBE to move higher going forward. When that is is anyones guess as many believe that the Mid East issues are worse than they are. Ask yourself the net population of the countries in question and how they would operate if they stopped all oil production. Then assess the plausibility of any regime changes and its impact on world wide oil production. Adds up to an over reaction and a buying opportunity, I believe, in TBE.A steady plus $90 a barrel environment beckons TBE to increase prodcution and thus profits.