Twin Butte Energy Ltd TBTEF

A very interesting company / investment

[8675309Jenny]

What an opportunity. I was looking at the daily drilling report, for new spuds, and Twin Butte has probably spud more wells in the last 6 weeks than any company their size. You need to drill to s survive. It gets more interesting. This company, with over 350m shares outstanding has a short position of less than 1m shares?? Now if you look a trading, the company has traded below .60c for 14 trading days now, and the total volume for those 14 days is about 28m shares, and that's on all exchanges. So I have T Boone Pickens saying oil at 70 by year end, and I have the CEO of Core Labs (who know reservoirs all over the world) saying 70 by year end, and a few 20 year old academics telling me 30 dollars by year end ... who to believe. So just a return to 60c, gives me a 40% return on this investment. Trading tells me no panic, short sellers tell me no panic, analyst are all positive on the stock, drilling tells me no panic. It all points to what may be on of the best investments you will ever find in the oil patch, and I doubt they cut the dividend before q4. If oil is not 70 by December, and the academic blow hearts are right, we see a 50% cut. It may be the most interesting oil company in the oil patch.