Twin Butte Energy Ltd TBTEF

RE: Range bound

[bshort92]

TBE is not going to sit at $2.32 a share very long paying out close to 7.5%. Oil is over $91 a barrel. I can't believe that more Lloydminster heavy oil operators would not seek out a merger with TBE. It makes for a win-win situation. TBE gets production, reserves and inventory from players looking to get a solid yield and to participate in a sustainable model with a cash flow rich operator. Drilling 400-600 meter verticals that cost $500 k a piece that pay out in 8 months is a terrific low risk model. Even those 700 meter deep wells at Primate yielding 100 boe/d offer terrific upside. I want TBE to close the Avalon deal ASAP and then do another deal. At this pace they can keep growing and yielding and if the shares sell off a bit further set up a great opportunity to buy more shares. Eventually the selling will abate and not only will the production and reserves  increase but the dividend should go up along with the share price. Keep pushing the envelope eventually the plan will pay off. I want to see this unfold and expose some of these anlysts as incompetent twits not capable of running a burger stand.