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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 HamSandwichon Apr 18, 2016 7:27pm
104 Views
Post# 24781368

RE:TBE

RE:TBE
Godisgreat wrote: I am still positive about TBE. Reason, 1) Directors of TBE will not like to lose their big money. They will find the way out to save or to make more money. And that will be the way out for all of us, having TBE. 2) Secondly Canadian banks are in sound position financiely compared with USA. And no doubt it's long but still temporary phase. Oil have to bounce back.3) Bankruptcy is big head ache for banks and will not force when they know their repayment may be delayed but still their money is safe. All these thing points that either there will be finiance restructuring or sell out. In both conditions we are winner.  Rest our luck.


Everything you said is incredibly generalized and can apply to any Canadian company.  If they were some sort of universal truth then nobody would ever go bankrupt.

And yet Canadian companies financed by Canadian banks go bankrupt all the time.
Bullboard Posts