Twin Butte Energy Ltd TBTEF

RE:TBE VOTED MOST LIKELY

[bshort92]

Anyone who voted them most secure is a moron. Emphatically the credit facility is bound to get reduced citing TBE's continued production shortfall now set at 17,000 boe/d. Imagine an outfit post Waseca purchase was at 19,200 boe/d. Throw in the 7000 boe/d Black Shire buy if TBE just held production flat would be at 26,200 boe/d. In other words they have lost over 9000 boe/d production last two years. And now they are transitioning to medium oil. For crying out loud Bruce Jenner transitioned faster than these clowns.So I guess that qualifies them to be most likely to go under by years end as the credit facility is sure to get slashed which should crater capex and probably eliminate the dividend. Jim Saunders gets the Kevin Lowe award. Be incompetent and you get promoted to run the TBE BOD's which collectively couldn't run a Tim Horton's. This garbage is .76 a share. It will not touch .90 this year. But it has a great shot at going  to .30. Waiting for good news? Don't hold your breath this is dead money for another year.