GREY:TBTEF - Post by User
Comment by
bshort92on Mar 10, 2011 11:38am
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Post# 18265661
RE: No guarantees
RE: No guaranteesCormark raised their target on TBE to $4 recently. Not aware of any downgrades. TBE's last release says they could guide higher on their production numbers. Can they add an extra 500 BOE/d and finish 2011 at 9000 BOE/d without adding on additional debt? Does $100 a barrel oil impact earnings and thus Capex going forward? Can this team achieve the came results at Princess on their 65/35 WI farm in project as what CR has done adjacent to them? You know CR is getting barbequed in this sell off too.So the perception is not reality and that is why smart guys are buying the issue now and the uninformed are more apt to be sellers.