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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 jackripperIXon May 02, 2016 8:18pm
98 Views
Post# 24834924

RE:Longs keep holding

RE:Longs keep holdingMost make sense reason why i would see the bank giving them 1 month extension ...

Why would the bank waste their precious time & money to analyze and end up saying ok , we give you one more month? You think we have more knowledge & man power than banks to analyze these kind of situations? If TBE was this bad, they would of just shut everythign down and say, ok , we own everything now, let's just put everything on sale but no , the bank BELIEVES they are worth the 1 month extension. 

Let's not forget people sold BEFORE the news were announced since it was announced when the trading closed. If this news came in this morning, then we might see a slight raise.

No matter what, their communication team is not doing well. 

GLTA , let's hope to see some greens this week! 
Bullboard Posts
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