Twin Butte Energy Ltd TBTEF

RE: RE: RE: RE: Who's got this much cash?

[bshort92]

Furthermore if a big player is nibbling into this story ask yourself why someone would invest in a firm that has contracted from 19,200 boe/d to 17,200 boe/d probably lower with spring break up with all the road bans and what not in effect. They are coming off a monstrous Q1 $30 million loss. Cash flow has to be crimped and with it another probable Q2 loss is in the works.The Daily Oil Patch Bulletin shows they are pulling very few drilling licences....maybe enough to cover their base decline but clearly not enough to get this pupply back into a growth mode. Differentials are still wide and there is no clarity on operations. I can't think of a worse story to be invested in than this nightmare. Now if this investor has access to data not materially known to the rest of us slob retail investors then thats another thing.