RE:What can I say ............My dear Topdown99,
What a job, you did this week-end to contain this anxious crowd who unfortunately struggle to understand finance 101 !
You made me laugh, I admit it with your masked cows !!! By the way, i heard that the clinical tests were initially done on the Queen and Camilla !!! ROFLMAO !!!
I will take a place by your side this morning !!
TIMING is everything !!!
Was it the right time to increase CAPEX of 25% in Q1 too increase easily the yearly boe/d of 10% with a return on investment of 400% ??
Asking the question, is to answer it !! Baytex's best decision in decades !
For all the readers here, are you able to name, another CDN oil producer able to increase their quarterly CAPEX by 25% ?
All this done respecting the initial principles and objectives of the initial 5 year plan.
I still remain convinced that they will achieve it in 3 years, if the equivalent price of WTI and nat gas remains above 90$ US.
Oh, BTW so far this year 12 weeks green 4 weeks red for Baytex, UP 2,66$ in 4 months, it's 83% of
2021 : UP 3,22$, but we beat this increase last april 21st with the 52 week high of 7,15$ !
So much more to say !!!
But enough said for the moment, timing is everything... it's gym time !!!
Cheers Topdown99 ! Keep up the good work like many longs here, BSW, Drifter, JD, Oilgamble and much more !!
Please do your DD it's your money !!!