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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Post by HARJAYon Jan 24, 2019 11:13pm
257 Views
Post# 29279300

Shacter sees the longer picture ??

Shacter sees the longer picture ??
Bellatrix Exploration Ltd.(BXE-T) 

January 24, 2019

 
 
They are going to do well in 2019. It is trading at half of one times cash flow. If we get positive swings they could do terribly well. They are working with debtors to extend terms. He thinks they will have success and the stock is a giveaway. He is looking for a 10 bagger in five years.  Every 10 cents adds one point five million bucks. The market is worried about the balance sheet but it is very low in valuation. When these stocks take off, they really take off.
OIL/GAS
 
 
Josef Schachter

President, Schachter 

 
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