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TAG Oil prepares for flow testing of its first unconventional oil well in Egypt (click to learn more)
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Bullboard - Stock Discussion Forum BELLAMONT EXPLORATION B V.BMX.B

Bullboard (TSXV:BMX.B)

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Comment by dixonstalberton Mar 14, 2012 8:04pm

RE: RE: RE: worst deal ever (I'm out)

At current Storm share price, offer is worth .42 cents per Bellamont share. What caught my eye was Storms January press release: The executive management group of Storm, led by Mr. Brian Lavergne as ...more  
371
Discussion
Comment by pennydredfulon Mar 07, 2012 3:39pm

RE: RE: worst deal ever (I'm out)

Re   meeting    March  22       VOTE   AGAINST  .   Don't   get   bribed  by  a ...more  
410
Discussion
Comment by 1slick1on Feb 23, 2012 2:22pm

RE: worst deal ever (I'm out)

I took a beating here. Just finished selling.... I have been buying TAG oil the past couple of months and New Zealand Energy the past couple weeks. Good luck 
418
Discussion
Post by rudyforeston Feb 22, 2012 10:59pm

worst deal ever

Just found out about the takeover.  I am absolutely livid.  We have a NAV of $1.05 and only 20 of 150 locations booked.  What the heck is the reasoning for selling for 47 cents and how ...more  
621
Post by 1slick1on Feb 01, 2012 9:45pm

Buyer @0.45

Looks like somebody is willing to buy it all you got for 45 cents.  I'm gonna ride it out, take the 0.56cent cash option for all I can and then sit back and give it a year. These boys have a ...more  
442
Comment by amp7on Jan 31, 2012 9:24am

RE: RE: RE: RE: RE: What makes SRX so valuable?

Now they are saying that the 20 day moving average for SRX was $3.88 instead of the $3.75 specified in the press release. Strange mistake to have made. Be that as it may, the real issue for me is the ...more  
426
Discussion
Comment by hawkowl1on Jan 30, 2012 10:19pm

RE: RE: RE: RE: RE: What makes SRX so valuable?

I sold the day the deal was announced at .51 cents to .465 cents. Had a large position and wanted nothing to do with gassy SRX.   Was nice to be able to liquidate my position. Bellmont had good ...more  
359
Discussion
Comment by dixonstalberton Jan 30, 2012 9:45pm

RE: RE: RE: RE: What makes SRX so valuable?

I wrote BMX and asked them to clarify the formula. I have posted their reply below. The formula they give doesnt give the answer they give- unless you add some brackets around the (.56-.132) part. In ...more  
462
Discussion
Comment by amp7on Jan 27, 2012 9:16am

RE: RE: RE: RE: RE: What makes SRX so valuable?

You may want to ask the company directly, but I believe that the number of SRX shares you end up receiving will be based on the $3.75 price specified in the press release, not the price SRX is selling ...more  
401
Discussion
Comment by PAGODA5on Jan 25, 2012 9:33pm

RE: RE: RE: RE: RE: What makes SRX so valuable?

Yes I believe how that it will work.  Almost certainly, the cash will be gone quickly.
406
Discussion
Comment by dixonstalberton Jan 25, 2012 4:32pm

RE: RE: RE: RE: What makes SRX so valuable?

If everyone takes the maximum available amount of cash: $20 million cash divided by 151 million BMX shares outstanding (Dec 7 press release) = 13.2 cents per share. I think you would then get the ...more  
361
Discussion
Comment by PAGODA5on Jan 25, 2012 4:18pm

RE: share price/ insiders

This deal is brutal.  I want the cash for my shares, but I think everyone else does too.  Might have the bite the bullet and get off this train wreck.   Not sure why I buy these ...more  
362
Discussion
Post by 1slick1on Jan 24, 2012 8:53am

share price/ insiders

When you look back to the day the deal was anounced you would think the share price would have rocketed to at least 0.50 to 0.53 which would have left some room for a premium at the closing of the ...more  
657
Comment by amp7on Jan 23, 2012 10:54am

RE: RE: RE: What makes SRX so valuable?

Based on my math which should be taken with a grain of salt, if everyone takes the cash, one ends up with 13.23 cents in cash and .110466 SRX share per BMX share. With the current $3.30 price on SRX ...more  
424
Discussion
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