Twin Butte Energy Ltd TBTEF

RE: ON STOCKCHASE

[bshort92]

I think Granger's comments are contradictory almost moronic. Says the TBE story is sustainable but will not add to his position but to buy the shares on weakness. OK right I get it. Is he not aware that TBE traded as low as $1.98 today on some decent volume touching a 52 week low. After the close they announce production is back up over 18,000 boe's/d, 2 p reserves increased 58% in 2012 and the Capex may increase later in the year citing improvement in price differentials. For crying out loud they trade at under $29k per flowing boe. They are already trading at a distressed level. Who knows this market might trade the shares lower tomorrow on the open but the TBE story has more upside than most and I see them making improvements on the operations side and maybe even making an asset or two purchase later this year particularly if they can land an accretive heavy oil deal for under $30 k per flowing boe and adjacent to current TBE properties.