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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 Oct 22, 2010 12:40am
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Post# 17596717

RE: RE: RE: DAY: does it have the $$ to buy BXE?

RE: RE: RE: DAY: does it have the $$ to buy BXE?Firesole3:

I'm afraid I just can't buy it.  There have been other Cardium juniors taken out at much lower premiums (Berens, West).  Not that I wouldn't like a 100% premium.     But I expect something closer to a $5/sh.

Regards,
Naamkat
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities