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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
Post by akragason Dec 10, 2014 9:00pm
318 Views
Post# 23217687

Is anyone really surprised

Is anyone really surprised
that some people are buying more shares. Whether averaging down or buying at a discount, IMHO, this is a no brainer. Contrarian investing takes courage and intuitiveness. Oil is a commodity that everyone needs. These prices cannot, and will not, stay this low forever. When they rise again, those who panicked will want to kick themselves. Tbe is a solid oil producer with a solid balance sheet, proven track record and a responsible management team. The very fact that they edged the dividend, into the foreseeable future, tells me they saw this coming and took precautionary measures to protect their investments / investors. As for me, I've been collecting a sizeable dividend for well over a year now. No panic here. This is a great time to get in and reap rewards down the road. GLTA
Bullboard Posts