Bellatrix Exploration Ltd (Canada) BXEFF

Bid/ask .3

[Equalizer]

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[1condor]

I will lay it out for you. This stock is now worth zero. This is exactly what happened to a stock named Twin Butte several years ago. Go check how that process worked out. I would expect the same for BXE. This BXE saga is finally over. As usual, BXE management will move on to other companies and it is up to you to shun any investment with these individuals again.

[Equalizer]

anything is possible but i also invested in twin butte on its way up and during their finale they had no equity left, their debt was higher then assets held. We owe 385mil with 2 billion in assets even if we sell them for 400 million a 80% discount we still get our 15 million MC which By law we get, first creditors senior notes preferential shares than us the shareholder No way around it and rumor

[Don2018]

Your numbers are pure bs

[Equalizer]

i believe globe and mail had the article at 357million debt. Sedar fillings show 2 billion assets Now that may not be the true value beacuse ive learned that investing and giving broker your money is a scam :) Beacuse sedar and tsx allows shat companies to trade lol

[Kherson]

Equalizer, I hear your pain concerning the scam now ongoing behind the Bellatrix fiasco. But please put the blame where it belongs. The TSX is essentially an exchange. The real power behind enforcement are the Regulators, in this case the ASC. It is now widely known that the ASC is corrupt, just as corrupt as the AER has proven to be. On top of that, SEDAR is simply a repository for financial

[Straite]

Why would regulators be responsible for a company/sector's problems? This is not a scam, this is simply a company facing liquidity issues. Unless the accounting is shown to be misleading, then there does not seem to be much to blame. Investing in Bellatrix, anyone looking at the graph would know you were either going to be a contrarian or a victim. People don't sell a company's shares

[Equalizer]

yea exaclty but the pros are saying that the 2 billion in assets isnt actaully there. I know its not worth as much as it should be bit something is seriously wrong with the policies for a companies records whoch then falls on everyone including the tsx of its even 50% less. This is an unusual situation

[joenomoney2]

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