Twin Butte Energy Ltd TBTEF

RE:RE:Closure

[qwqw]

righand2 wrote:

qwqw wrote: The long run deal is in its seventh month without closure and that's
after getting the green light from investors.Who knows how long a deal
with disgruntled  investors will take.Forever is probably what management
is betting on.If oil goes to $100 in the meantime,we might get lucky and see
a revised offer, $.16 hell maybe even $.18
Life is good.

Common shareholders will never get an increased offer until the debenture holders get what they are owed. So if you are bullish, you would be buying the debentures hand over fist, and not the common shares.

over their heads and out the window.
I was referring to the debentures.The shareholders will be lucky to get anything.