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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by greenhawkon Dec 18, 2014 12:44pm
281 Views
Post# 23244920

RE:RE:Updated Guidance

RE:RE:Updated Guidance
Papagallo wrote: I had hoped they would scrap the dividend and DRIP for a 12 month period but I guess they felt that would be too drastic and might alienate the income investor base. .



I totally don't get this comment. TBE is a vehicle for income not for growth. If you want a growth story why not buy a beat up growth stock  DTX, RRX , BXE etc. There are lots of bargains out there. TBE is never going to be a growth story. With no dividend I am much better of with one of the above names.

Cheers

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