Bellatrix Exploration Ltd (Canada) BXEFF

Low Price to Book Value

[RichyRich$]

Harjay... Yes... there's not only the possibility of of making it back at last close of $.38... but also a chance to make a gain. I've been through this before with Primero Gold and it got bought out 4 X higher for the share holders. People on the message boards can be negative. But if you watch a YouTube Video Brent Eshleman at the Energy Conference in 2018, he's very professional and positive about Bellatrix and its value. They're not emotional and negative like MJ paints. The key thing is that they are putting it out there for competing bids. That's a good thing and creates high bids. Just think when you want to buy a house and you have multiple offers. It wouldn't sell at a bare minimum with competing bids. This looks more like a proactive move as they barely defaulted and could have paid the few Million short through a private placement. I think they already had a buyer in mind and are now doing due diligence on the open market. If you Google "Book Value stocks" you'll see that when a low price to book value (market to book value), a buyout usually works out well for the shareholders.

[mjhayman]

Hoping your right! Nothing would make me happier I will continue to make calls and will give you guys access to people willing to talk. If I hear anything positive I will let you know. As for the CEO and CFO I recommend everyone leaving lots and lots of messages and demanding to be put through as you have purchased part of that business as a shareholder! This is kind of a crucial time to speak to

[mjhayman]

I have purchased VBIV for now and have some cash coming in for tax loss season what do you guys think is the better energy stock NVA or ER for 100k. I am open to criticism and advice on the energy stocks as they have been total.......

[HARJAY]

Don't know anything about ER , totaly spec resource  micro stock in my opinion. . If they find soemthing then from this price might be good , IF ? its a big gamble As for NVA  to give you an idea on May 9 BNN analyst when it was   $ 3.90 had a 52 week target of $9.50 on Aug 8 again on BNN when it was $2.59 target was $7.00 on Aug 30 again oil analyst  Eric Nuttal

[mjhayman]

Yah I really like your pics YGR BNE PNE and CR might all be too small as I should have learnt with BXE. Hard to move around as they have so little volume. My god things are cheap!