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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by konzelmannon Sep 24, 2014 7:43pm
399 Views
Post# 22967914

RE:Can You SMELL Dogsh!t?

RE:Can You SMELL Dogsh!t?
Whenever I see anyone targeting dividend yield as their complete proof that there is a problem with a stock make me think they didn't bother doing any analysis or DD of their own. As others have said, TBE was sort of down in the first place, so the correction in oil has just brought them way too low. TBE was in the middle of trying to rebound when this whole correction in oil and the market as a whole began. Nothing fundamentally wrong with TBE, and they could still end up having a great second half this year. I suspect that Q3 will be pretty good and if market mood improves, there's no reason why this can't still be over $2.25 and still be undervalued at that price.
Bullboard Posts