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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 HCI_STEELon Aug 04, 2016 7:35pm
198 Views
Post# 25112196

RE:RE:To Fellow Twin Butte Debenture Holders:

RE:RE:To Fellow Twin Butte Debenture Holders:
riverrow wrote: I'm very impressed by the willingness of some investors to take a complete loss on their investment just on principle. A very interesting investment strategy. GLTA.

If you are a realist you should realize that anyone who buys any stock takes the risk of a complete loss ,,,, so maybe it isn't so unusual. Just as buying any stock is a gamble, it all comes down to each person deciding at what price they want in, and out. Reignwood is taking a gamble as to where that sweet spot is to reach the the required number of common and deb holders...

It isn't so much the price offered, it is the insult of putting commons on par or ahead of debs that makes it unpalatable to some such as myself. 

Bullboard Posts