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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada)
Bullboard Posts
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(13)
•••
Comment by tinman8on May 11, 2010 5:20pm
548 Views
Post# 17086893

RE: RE: WTF?

RE: RE: WTF?ALKHOR - you could well be right  . But whether the SP is being knocked back for the reasons you give or not - one thing is for sure - the stock is not getting the recognition or valuation based on the metrics.
There have been subtle signs that the stock is trying to rise each day only to be hit.
 As you say - there could be a suitor out there that wants the company for less and is actively holding the SP down to give the appearance of an offer with a premium looking better than it really is.
Fortunately I dont think Ray would recommend a sale to the shareholders  under about $6.50
GLA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities