Twin Butte Energy Ltd TBTEF

RE: Washout

[bshort92]

The saying is buy the rumor and sell the news. So I got out at $2.20. No sense holding when one believes that WTI is headed to $75. Besides per the Daily Oil Patch Bulletin which some of you are too stupid to access and understand yesterday Northern Blizzard pulled eight more drilling licences to drill at Cactus Lake and Cuthbert right in the Lloydminster heavy oil corridor. They choose to drill because they have confidence in there ability to make money in the heavy patch for there investors. No excuses, no spin, no whining about the cost of diluent. No $30 million quarterly losses. Bottom line is there are only two kinds of people in this world: winners and whiners. You can win or whine. I won and I got out. I can do without this story.I like agressive firms that find a way to get a return for their investors. If the capital appreciation guarantees can't match the dividend payout it is a poor proposition from the risk reward side. Have fun with this issue. You are going to need some luck. It is obvious the annual meeting didn't prodcue much upside to the story as well. Don't say you were not told so.