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Bullboard - Stock Discussion Forum BELLAMONT EXPLORATION B V.BMX.B

TSXV:BMX.B - Post Discussion

BELLAMONT EXPLORATION B > jussi's numbers
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Post by luke4 on Jan 27, 2010 11:13am

jussi's numbers

Nicley done. I hadn't yet recalculated the Grimshaw numbers after their last press release and reserve upgrade based on the fall's drilling. I also like the sound of their Doig play and Fahler gas. It looks to me like all their drilling this past fall exceeded expectations. They also seem to have ready access to capital as evidenced by their last 2 acquisition related financings, both of which were bought deals and oversubscribed. Having Scott Saxberg on the board probably doesn't hurt much in terms of access to deals and bought deal financings either. And no debt! Great story.
Comment by Jussi on Jan 29, 2010 2:05pm
I made a mistake in my previous post: Dixonville was discovered by Capitol Energy not Tusk.
Comment by Graniteman24_5 on Feb 01, 2010 3:10pm
Another mistake....Capital bought Tiger (who discovered it)
Comment by Jussi on Feb 02, 2010 5:09am
Thanks for the correction. Any thoughts on the pool's reserve or cashflow impact?
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