Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(7)
•••
Comment by BobTheKnob2on Sep 21, 2016 3:54pm
85 Views
Post# 25262379

RE:man the bull???? what the hell?? LOL

RE:man the bull???? what the hell?? LOL
ogConsultant wrote: can a secured creditor bid for its debt?

what the hell are you talking about you brain fart...LOL

can Shell bid for the debt they are owned?  HUH????

what the hell are you trying to suggest...???

you make about as little sense as burger and that is scary stupid...LOL

hilarious... simply entertaining here...LOL


The concept of a creditor is not out of line, much to your chagrin I am sure.

In the first report there is mention of this as a distinct possibility. There are other places where a credit bid is indicated. However I will only quote the Receiver in one case:

48.           Except in the case of a Credit Bid the Binding Phase 2 Bid must be accompanied by a 10% deposit or other amount acceptable to the Receiver in the event of a restructuring proposal ("Deposit") and comply with all of the requirements in paragraph 24 of the SISP Procedures.



Bullboard Posts
Dealroom for high-potential pre-IPO opportunities