Twin Butte Energy Ltd TBTEF

Great month

[bshort92]

On 4/1 TBE was trading at $2.46 a share. For the month with today's propped up closing of $2.23 a share TBE lost close to 10% of its value despite WTI trading at over $93 and WCS differentials closing under $15 a boe. You look at a WCP they pay $120 k per flowing boe or $110 million for 900 boe's/d prodcution and their shares pop up. PXL.V buys back 10% of the their shares and adopts a poison pill/hostile bid measure and the shares pop up over 10% while underleveraged, solid dividend paying TBE gets sold off 10%. Go figure. Maybe TBE needs to overpay for production like what WCP did or needs to buy back ten percent of the float like what PXL.V did in order to get some investors interested in purchasing the shares.