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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 Aug 05, 2011 12:19pm
169 Views
Post# 18908739

RE: RE: RE: The Beat Goes On

RE: RE: RE: The Beat Goes OnAnd once these shares hit $1.90 not if but when expect the institutional investors to call Jim and tell him to put this puppy on the block. You guys say TBE is a gem and all that. But the market has spoken loudly: You must execute in a $100 a barrel market. If you do slow, methodical, mediocre work then at some point the market loses interest and you get sold off. A double whammy occurs when energy prices crater. Keith Shaefer said TBE would do just fine in a $75 a barrel oil environment because of its heavy oil focus. Guess what the market says he is wrong. GMP customers have got to be livid. They supported all day yesterday and now they are down big time. This is no game. This is a selloff. I have screamed for this too happen. Take this seriously. You have got to challenge management to create value for shareholders. Otherwise shareholders bail. The market has spoken: Start creating value for your shareholders!
Bullboard Posts