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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)
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Comment by Naamkaton Jun 04, 2010 12:44am
578 Views
Post# 17157585

RE: RE: Scotia Capital target.....

RE: RE: Scotia Capital target.....

Nakate:

One annalyst on bnn had a target of  6 bucks a few months back by  next year right after he said that the share priced started tanking. Too much fear out there right now for that price unless something sweet happens.

Been saying since Jan-Feb that the wild-eyed estimates were just that.  $6 is dream enough never mind the predictions (that won't go away) that $7-8 is realistic.

The funny thing is that I percieve many folks interpret my comments as critical of the company.  It was only ever about valuations.  This is a very good investment - if you buy in below or at current values.  Wasn't so good after it had progressed well beyond $4.

Regards,
Naamkat 

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