Twin Butte Energy Ltd TBTEF

RE:RE:RE:Lots of vol

[bshort92]

Actually there is probably nothing wrong with TBE although they could be readying an asset purchase. Maybe they will take out RE (my best performer for 2013) as TBE ( my worst performer) might be trying to get a purchase in for around $30-33 K per flowing boe. Nuttall mentioned a possible shift via asset purchase into light oil. You got Icahn lurking around TLM maybe a US/Asia/EU based outfit or fund wants TBE I doubt that as Saunders and team are good operators regardless of the Primate debacle. The short position at about 2.5 million shares is problematic as real investors will take out a significant short position to mitigate a downside issue but will gladly cover if good news is announced. That is the rub. Who wouldn't want to see a $2 stock go to $3. That to happen needs a catalyst and maybe the volume is saying one is in the works.