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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 bshort92on Oct 03, 2015 10:52pm
82 Views
Post# 24160984

RE:US Production coming off faster than a prom dress

RE:US Production coming off faster than a prom dress
Jenny you might be right...the macro in the oil markets might be bound to improve. As for TBE that means nothing. They have shown no ability to execute in a $100 let alone a $70 WTI environment. The caliber of investor in TBE lacks sufficient objective analytical skills to even understand why a two bit fruit bowl third rate hustler firm like Paradigm could downgrade TBE's share price target from .75 to .35 amid a post that said they were aggressively accumulating the shares. Ask yourself why would a firm buy a large position in the shares only to downgrade its target price over 50%? Some of these investors are complete morons then again I perceive TBE's management in the same light. Hence why I strenuously advocate staying away from this issue until they exhibit some operational excellence and a quarter or two of earnings momentum. That is mucho quarters away hence why TBE is relegated to being traded as dead money.
Bullboard Posts