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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

Comment by graffiti99on Mar 29, 2019 12:46pm
109 Views
Post# 29554967

RE:New 2023 bull market price target

RE:New 2023 bull market price target
Straite wrote: The new 2023 bull market price target has been adjusted. Instead of 10$, it is 2$.


More realistic: $.50 (yesterdays approximate price for the equity) x .16 (revised equity after CBCA restructure as per announcment) = share value of .08 x 10 bagger best case for natrual gas = .80 cents. But that's after 2023 liquid natural gas plant is built and assuming management executes well. Yaaaa right. May want to sell and deploy to something else. Maybe wait until after the restructuring. And the class action lawsuits. And the management resignations. And the bleeped out calls to Schacter next time he's on BNN.
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