GREY:CNKEF - Post by User
Post by
George98on Feb 16, 2017 8:09am
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Post# 25853626
To Roel1: Stage and the costs per Montney well
To Roel1: Stage and the costs per Montney wellroel1,
wrong board to promote BBI and Stage, my friend.
Buy low, sell high. Buy low, sell high if you want to make money in the stock markets.
This is why we don't buy highly speculative and super promotional press releases from BBI that has ZERO proven production to-date.
And even if BBI's production comes online one day in the future, BBI currently trades at C$120,000 per boepd based on the company's own production estimates.
So we don't buy BBI at C$120,000 per boepd, my friend.
We buy the NEW CKE at just C$14,000 per boepd instead...Buy low, sell high my friend.
fyi:
BBI's cost per well BEFORE Stage was C$8.5 million for each Montney well. Go back in 2015 and early 2016 to confirm it.
BBI's cost per Montney well thanks to Stage has dropped to about C$6.5 million but it's much more expensive than the NEW CKE's Montney well that cost just C$4 million each, my friend.
Read the latest news and the NEW CKE's latest presentation carefully next time.
Buy low, sell high, my friend. Wrong board. Good bye, go to another board to promote BBI in order to unload it to inexperienced clueless investors.