Bellatrix Exploration Ltd (Canada) BXEFF

Energy

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

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Bellatrix Exploration Ltd (Canada) > Good Investigatig MikeTrike

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Comment by miketrikeon Oct 18, 2019 7:37pm

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RE:Good Investigatig MikeTrike

If things go really bad, which is entirely possible, I will lose a lot less money than the bankers who converted $100 million debt to common shares, and much much less than Mjhaymen, who for some reason and in ways we will never find out, bought 100,000 shares AFTER the CCAA was announced and AFTER claiming on Oct 2 "I have a feeling it’s curtains for this company".

Maybe MJ is acting like Baron Rothschild , "Buy when there's blood in the streets, even if the blood is your own." Either way, it is a gutsy call buying 100,000 shares of a company after it has been delisted and ceased trading.

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